Brigade Enterprises signs major JDA, unlocks ₹7,200 Cr Bengaluru township projectBrigade Enterprises signs major JDA, unlocks ₹7,200 Cr Bengaluru township project

Introduction

Leading real estate developer signed JDA for 8.63 acre land in Gunjur to enable 39 acre residential township project in East Bengaluru with ₹7,200 crore value.

Also Read: JSW Infra starts operations at Gati Shakti cargo terminal in Chennai, stock price zooms 5%

Share price movement of Brigade Enterprises

On April 16, 2026, Brigade Enterprises Ltd opened at ₹784.95, up 6.21% from its previous close of ₹739.05. The stock reached a high of ₹785.00 (6.21%) and a low of ₹738.15. By 11:29 AM, it traded at ₹742.10, a 0.41% increase, with a market cap of ₹18,151.28 crore.

Brigade Signs ₹7,200 Cr JDA

Brigade Enterprises Limited signed a Joint Development Agreement for 8.63 acre land parcel in Gunjur, East Bengaluru, enabling progress of a larger integrated residential township project in Whitefield Sarjapur corridor.

The planned township spans 39 acres and is primarily residential. The project has an estimated gross development value of around ₹7,200 crore, as disclosed under regulatory filing dated April 15, 2026.

The 8.63 acre agreement forms part of overall land assembly through purchase and joint development agreements. It is a key milestone for advancing the larger master planned residential development project.

Stock performance of Brigade Enterprises for period of 1 week, 6 months, and 1 year

Brigade Enterprises Ltd delivered a 1-week return of 5.41%, a 6-month return of -24.7%, and a 1-year return of -24.8%.

Also Read: Tembo Global soars 5% after subsidiary receives government nod for ammunition manufacturing

Shareholding pattern of Brigade Enterprises

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	41.10%	41.10%	41.10%
FII	16.80%	18.10%	18.70%
DII	25%	23.60%	23.30%
Public	17.40%	17.20%	17.00%

About Brigade Enterprises

Brigade Enterprises Ltd (NSE: BRIGADE) is a Bengaluru based real estate developer with projects across residential, office, retail and hospitality sectors, with over 70 million square feet developed.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs