Brigade Group to Invest Rs 4,500 Crore in Hyderabad for 10-Acre Mixed-Use Project
Bengaluru-based real estate giant, Brigade Group, is set to invest around Rs 4,500 crore in a 10-acre integrated project in Hyderabad. This ambitious development will feature luxury homes, office-retail spaces, and a commercial tower, including a mall, of
Real EstateLuxury HomesHyderabadBrigade GroupMixeduse ProjectReal Estate NewsJan 08, 2025
The project, spanning 10 acres, will be a mixed-use development featuring luxury residences, office-retail spaces, and a commercial tower.
This strategic move aims to capitalize on the strong demand for premium housing and commercial properties in the city.
Project Overview
The project, named 'Brigade Gateway,' is situated at Neopolis Kokapet, Hyderabad.
It will be a 45 lakh square feet mixed-use development, with approximately 25 lakh square feet dedicated to luxury homes.
The residential section will comprise 600 flats, initially priced between Rs 4 crore to Rs 12 crore each.
The commercial tower will cover 20 lakh square feet, including a 6 lakh square feet mall, 10 lakh square feet of office space, and a 300-key Intercontinental Hotel.
Financial and Development Details
The total investment for the project, including land acquisition and construction, is estimated at Rs 4,500 crore.
This will be funded through a combination of equity, customer sales, and construction finance.
The company has a clear vision of creating transformative developments that not only redefine urban landscapes but also enhance the quality of life for residents and businesses.
Residential and Commercial Highlights
The residential towers, standing at 212 meters, will be among the tallest buildings in Hyderabad.
The commercial tower, with its 4,000 square meter floor plates, will become an iconic addition to the city's skyline.
The office space will be branded under the 'World Trade Center' label, offering flexible and premium workspaces to corporates.
Frequently Asked Questions
What is the total investment for the 'Brigade Gateway' project?
The total investment for the 'Brigade Gateway' project is estimated at Rs 4,500 crore, covering both land acquisition and construction costs.
How many flats will be included in the residential section of the project?
The residential section of the 'Brigade Gateway' project will feature 600 luxury flats, initially priced between Rs 4 crore to Rs 12 crore each.
What will the commercial tower include?
The commercial tower will include a 6 lakh square feet mall, 10 lakh square feet of office space, and a 300-key Intercontinental Hotel.
What is the height of the residential towers in the project?
The residential towers in the 'Brigade Gateway' project will stand at 212 meters, making them one of the tallest buildings in Hyderabad.
How will Brigade Group manage the commercial spaces in the project?
Brigade Group will not sell the commercial spaces but will rent them to corporates, ensuring long-term revenue streams and maintaining the quality and management of the properties.
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