NSEPress Release2d ago · 29 Jul 2026, 06:45 pm

Press Release

Brigade Enterprises Limited · BRIGADE

✦ AI Summary▲ PositiveExpansion

Brigade Enterprises Limited has acquired a 2-acre land parcel on Kanakapura Road in South Bengaluru for a premium residential development with an estimated Gross Development Value (GDV) of approximately Rs. 400 Crores.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Brigade Enterprises Limited has informed the Exchange regarding a press release dated July 29, 2026, titled "Brigade Group Acquires Land Parcel on Kanakapura Road for Premium Residential Development with GDV of Approx. Rs. 400 Crores".

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BRIGADE_29072026184449_16PressReleaseandMaterialKanakapuraRoad.pdf

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Ref: BEL/NSEBSE/PR/29072026 July 29, 2026 Listing Department Department of Corporate Services – Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re.: Scrip Symbol: BRIGADE/ Scrip Code: 532929 Dear Sir/ Madam, Sub: Regulation 30 -Material Information & Press Release – Brigade Group Acquires Land Parcel on Kanakapura Road for Premium Residential Development with GDV of Approx. Rs. 400 Crores: We would like to inform you that Brigade Group has acquired 2-acre land parcel on Kanakapura Road in South Bengaluru. The Company will develop a premium residential project on the site with an estimated Gross Development Value (GDV) of approximately Rs. 400 Crores. This disclosure is pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith the copy of the press release titled “Brigade Group Acquires Land Parcel on Kanakapura Road for Premium Residential Development with GDV of Approx. Rs. 400 Crores.” This is also hosted on the Company’s website at www.brigadegroup.com Kindly take the same on records. Thanking You, Yours faithfully, For Brigade Enterprises Limited P. Om Prakash Company Secretary & Compliance Officer Encl: As above PRESS RELEASE Brigade Group Acquires Land Parcel on Kanakapura Road for Premium Residential Development with GDV of Approx. Rs. 400 Crores Bengaluru, July 29, 2026: Brigade Group has announced the outright purchase of a 2-acre land parcel on Kanakapura Road in South Bengaluru. The company will develop a premium residential project on the site with an estimated Gross Development Value (GDV) of approximately Rs. 400 Crores. Strategically located on one of South Bengaluru's most sought-after residential corridors, the project will offer homes that blend contemporary living with spaces that foster connectivity, wellness, and long-term value. Commenting on the acquisition, Amar Mysore, Executive Director, Brigade Enterprises Limited, said, “Kanakapura Road has emerged as a key growth corridor in Bengaluru, driven by expanding infrastructure, improved connectivity and rising demand from homebuyers seeking a quality living environment. This acquisition aligns with our long-term residential strategy of deepening our presence in high-potential micro- markets and creating communities that are designed for the way people aspire to live. We are increasingly seeing demand for homes that offer access to quality social infrastructure and foster meaningful community experiences." With a strong pipeline of developments across key cities in the country, Brigade Group remains committed to creating landmark developments that combine design excellence, quality construction, and sustainable living. About Brigade Group: Established in 1986, Brigade Group is one of India’s leading property developers with close to four decades of expertise in building positive experiences for all their stakeholders and winning their customers’ trust. Brigade has developed many landmark buildings and transformed skylines across India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City with developments across Residential, Office, Retail, Hospitality and Education Sectors. For more information, please contact: Miriam Macwana, Brigade Enterprises Ltd., Head-Corporate Communications, Phone: + 91 80 41379200; E-mail: miriammacwana@brigadegroup.com