Brigade Group Signs JDA for 8.63 Acres Unlocking 39-Acre Township

17 Apr 2026 CW Team

The development carries an estimated gross development value of Rs 72 billion (bn). The company stated that land assembly for the township is being progressed through a combination of outright purchases and joint development agreements, with the 8.63-acre JDA representing a critical trigger to progress the larger scheme. Brigade intends to advance detailed planning and approvals following the completion of further land consolidation.

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, described Whitefield–Sarjapur Road as one of Bengaluru’s most compelling micro markets driven by infrastructure expansion, enhanced connectivity and strong employment catchments. She indicated that the township will reflect the group’s emphasis on quality, scale and long-term liveability and that the scheme would incorporate multi-generational residential offerings including senior living supported by planned amenities and convenience infrastructure. The company framed the move as strengthening its residential pipeline in east Bengaluru.

Brigade Group, established in 1986, noted its experience across residential, office, retail, hospitality and education sectors and its presence in cities including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City. The announcement was made under Regulation 30 of the SEBI Listing Regulations and is expected to reinforce the group’s strategy of building integrated, high-quality residential communities in key growth corridors of the city. Further information is available on the company website.

Brigade Group has signed a joint development agreement for an 8.63-acre parcel in Gunjur in east Bengaluru, marking a key step towards a larger 39-acre integrated residential township in the Whitefield–Sarjapur corridor. The company said the JDA execution was recorded on April 15, 2026 and forms part of a strategic land assembly to enable a master-planned township. The project is planned primarily as a large-scale residential development offering a mix of housing typologies. The development carries an estimated gross development value of Rs 72 billion (bn). The company stated that land assembly for the township is being progressed through a combination of outright purchases and joint development agreements, with the 8.63-acre JDA representing a critical trigger to progress the larger scheme. Brigade intends to advance detailed planning and approvals following the completion of further land consolidation. Pavitra Shankar, Managing Director of Brigade Enterprises Limited, described Whitefield–Sarjapur Road as one of Bengaluru’s most compelling micro markets driven by infrastructure expansion, enhanced connectivity and strong employment catchments. She indicated that the township will reflect the group’s emphasis on quality, scale and long-term liveability and that the scheme would incorporate multi-generational residential offerings including senior living supported by planned amenities and convenience infrastructure. The company framed the move as strengthening its residential pipeline in east Bengaluru. Brigade Group, established in 1986, noted its experience across residential, office, retail, hospitality and education sectors and its presence in cities including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City. The announcement was made under Regulation 30 of the SEBI Listing Regulations and is expected to reinforce the group’s strategy of building integrated, high-quality residential communities in key growth corridors of the city. Further information is available on the company website.

Infrastructure Urban

16 Jun 2026

Smartworks Leases Over 400 Seats In Mumbai To Japanese NBFC Subsidiary

Smartworks has leased over 400 seats at its Mumbai centre to a subsidiary of a Japanese non-bank finance company in a Rs 350 million (mn) transaction. The company said the agreement covers managed office space designed to support the tenant's India operations and will strengthen its presence in the city. The deal was presented as part of Smartworks' strategy to grow its enterprise client base. The leased seating forms part of a larger workplace solution that combines private offices and flexible seating tailored to financial services clients. Smartworks noted that demand from the banking, fina..

Infrastructure Energy

16 Jun 2026

Aequs SEZ Nears Complete Green Power Adoption

Aequs Infra's Belagavi special economic zone has moved close to complete renewable energy adoption for on-site industrial operations. Energy requirements within the cluster are met through a combination of rooftop solar installations, open access renewable energy procured from third-party providers and green power supplied by the state electricity board. The integrated approach has enabled the campus to sustain operational reliability while advancing environmental objectives. The licensed power distribution network within the campus supports stable energy delivery and creates economic benefits..

Infrastructure Energy

16 Jun 2026

Waaree Secures EPC Order For 300 MW Solar Project

Waaree Renewable Technologies (Waaree) has signed a Letter of Award with its wholly owned subsidiary, Sunsational Power Private (SPPL), to develop a 300 megawatt (MW) and 450 megawatt peak (MWp) ground-mounted solar project. The company will provide engineering, procurement and construction services and two-year operation and maintenance services under the contract. The agreement covers the full EPC scope and a two-year O&M commitment. The scope will include site engineering, procurement of equipment and construction management across the installation. The project is scheduled to be completed ..