Mumbai, April 28 -- Brigade Enterprises announced the acquisition of a prime land parcel in Hyderabad through a recent auction conducted by the Telangana Industrial Infrastructure Corporation (TGIIC). The outright purchase of Plot 6 at Osman Nagar, Hyderabad comprising 5.72 acres was acquired at a price of Rs 44 crore per acre, excluding registration costs. The company plans to develop a residential project. The acquisition is a pivotal step in Brigade's broader strategy to deepen its roots in Hyderabad and further portfolio expansion.

Published by HT Digital Content Services with permission from Capital Market....