Brigade Tetrarch Pvt Ltd. acquires land at Yelahanka Hobli for residential project.

Brigade Tetrarch Private Limited, a wholly owned subsidiary of Brigade Enterprises Limited has entered into a sale deed today for acquiring 5 Acres 35.25 guntas of land parcel located at Venkatala Village, Yelahanka Hobli, Bangalore North Taluk, Bangalore for an overall consideration of Rs.. 123,50,62,500/- (Rupees One Hundred and Twenty Three Crores Fifty Lakhs Sixty Two Thousand Five Hundred Only) from Bangalore Ceramics.

We will be developing a residential project on this land parcel with an overall development of nearly one million square feet with an overall revenue potential of around Rs. 800 crores.

EQUITYBULLS