India, Jan. 30 -- Bengaluru-based listed real estate developer Brigade Group has acquired a 2.25-acre land parcel in Telangana's Secunderabad to develop a premium residential project with an estimated gross development value (GDV) of Rs.650 crore, the company said in a regulatory filing on Jan 30.

The company said that the deal aligns with the company's strategy of acquiring land in high-growth corridors. Secunderabad is located about 7-8 km away from Hyderabad.Also Read: No slowdown in Bengaluru and Hyderabad housing markets: Brigade Group MD Pavitra Shankar

"It is in perfect alignment with our strategic growth plans to expand our footprint across Telangana. This land parcel conforms to Brigade's high standards for location potential a...