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.
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