
Brigade Group, a leading real estate company, has signed a joint development agreement (JDA) to launch an upscale residential project in the city centre of Mysuru, strengthening its presence in a key Tier-II city in Karnataka.
The project is being developed on 10 acres and 37 gunthas of prime land with a gross development value (GDV) of ₹225 crore. With a total development potential of 0.37 million square feet, the project will have good-plotted developments spread over eight acres and luxury apartments will be developed and constructed on the remaining two acres.
This, together with unparalleled access to the Bengaluru-Mysuru Expressway makes this project a landmark address. Travel time between the two cities has been drastically cut and has spurred a real estate boom in Mysuru, making the city a preferred destination for end-users and investors looking for a better quality of life.
Brigade Group’s residential offering is planned to cater to the upstream development of the housing demand while integrating modern living, communal/spatial rich, and sustainable environment. The development will house a selection of plot sizes and apartment layouts when completed: ideal for discerning homebuyers seeking both comfort and connectivity.
The project is part of Brigade’s diversification plan in the emerging markets. Having more than 30 projects in the residential, commercial, retail, and hospitality space in Mysuru alone, the company is now furthering its legacy that started in Mysuru city.
“Our newest endeavor in Mysuru underlines Brigade’s philosophy of creating holistic communities in high-growth cities and urban centers,” the company said. “This development raises the bar for design, quality, and convenience in the region.”
With the Mysuru real estate market starting to rejuvenate, Brigade’s new project reaffirms the potential for the city to become a premium housing destination, thanks to improving infrastructure and the growing aspirations of homebuyers.
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