India, March 28 -- Bengaluru-based listed real estate developer Brigade Group has signed a Joint Development Agreement (JDA) for a new luxury residential project in Mysuru and expects Rs.300 crore revenue from it, the company said on March 28.

The proposed project will have a developable area of 4.5 lakh sq ft with a gross development value (GDV) of Rs.300 crore. The project will include 25 per cent senior living spaces and 75 per cent luxury apartments, the company said.

Pavitra Shankar, Managing Director, Brigade Group, said, "This land deal is a significant milestone in our efforts to expand our footprint in Mysuru. As part of Brigade Group's long-term strategy, we aim to bring thoughtfully designed residential spaces to key markets ...