India, April 15 -- Bengaluru-based Brigade Group has signed a joint development agreement (JDA) for an 8.63-acre land parcel in Gunjur to develop a 39-acre integrated residential township, the company said in a regulatory filing on April 15.

The proposed development, located along the Whitefield-Sarjapur Road corridor, is planned primarily as a large-scale residential project with an estimated gross development value (GDV) of around Rs.7,200 crore, the company said. The township will feature a mix of multi-generational housing options, including senior living spaces and integrated amenities, it said.

"The overall land assembly for the township is being undertaken through a combination of outright purchase and joint development agreement...