India, April 21 -- Bengaluru-based real estate developer Brigade Group has signed a joint development agreement for a new plotted development project in East Bengaluru with a Gross Development Value (GDV) of Rs.175 crore, the company announced on April 21.

The project, which spans 20 acres and is located in Malur, has a total development potential of 0.45 million square feet, the company said.

This is Brigade's first plotted development in East Bengaluru, and the project will offer residential plots.

"We continue to identify high-potential land parcels that align with our long-term vision of creating well-planned communities with a focus on quality, sustainability, and innovation," Pavitra Shankar, managing director of Brigade Enterpri...