India, Sept. 9 -- Bengaluru-based real estate developer Brigade Group has entered into a joint development agreement (JDA) for a luxury residential project in East Bengaluru with a gross development value (GDV) of around Rs.2,500 crore, the company said in a regulatory filing.

The project will be developed on a land parcel of about 10.75 acres, with a total saleable area of more than 2.5 million sq. ft.

Pavitra Shankar, managing director, Brigade Enterprises, said the new venture underscores the company's focus on high-quality residential developments in Bengaluru's premium micro-markets. "The location is rapidly evolving as a premium residential corridor, and we believe this project will play a pivotal role in attracting a new generati...