Brigade Group Announces ₹4500 Crore Investment in 10-Acre Integrated Mixed-Use Township in Hyderabad

Brigade Group is set to invest ₹4500 crore in a 10-acre integrated mixed- use township project in Hyderabad. The project, located in Neopolis, Kokapet, will feature a blend of residential, commercial, and recreational spaces, including a World Trade Center (WTC), a mall, a hotel, and luxury residences. This development is expected to be one of the largest and most ambitious real estate projects in the city.

The township aims to integrate modern living, work, and leisure into a single, self-sustained environment. Brigade Group, known for its successful ventures in Bengaluru, plans to bring its signature approach to urban development to Hyderabad.

Brigade Gateway Residences: A Luxury Offering

The Brigade Gateway Residences will be the focal point of the development. The 58-floor residential tower will span 2.4 million square feet and will feature around 600 premium apartments. The residential units will be available in 3-bedroom, 4-bedroom, and duplex 5-bedroom formats. The tower is designed to be one of the tallest buildings in Hyderabad, reaching a height of 212 meters.

These residences will cater to high-net-worth individuals, with prices ranging from ₹4 crore to ₹12 crore per unit. The project’s total sales potential for the residential tower is ₹3,300 crore. A 50,000 square-foot clubhouse will provide residents with social and recreational spaces, further enhancing the appeal of these luxury homes.

The Commercial Component: A Business Hub

The commercial aspect of the project will include a World Trade Center (WTC) and Orion Mall. The WTC will occupy 22 floors in the tower, offering around 1 million square feet of office space. This space is designed to attract multinational companies and large businesses, with the largest floor plates in the city, reaching up to 43,055 square feet. The commercial spaces are expected to contribute significantly to the township’s success, providing a modern hub for business and innovation.

The lower levels of the tower will house the Orion Mall, which will serve as a retail and lifestyle destination. The mall will feature a variety of high-end brands, dining options, and entertainment facilities, catering to the growing demand for premium retail spaces in the city.

Brigade Group has taken inspiration from the success of Brigade Gateway in Bengaluru for its new mixed-use development in Hyderabad. According to Amar Mysore, Executive Director of Brigade Enterprises Limited, the project at Neopolis is designed to offer a seamless integration of residential, commercial, and recreational spaces, much like its Bengaluru counterpart. The Hyderabad project will span 45 lakh square feet, with approximately 25 lakh square feet dedicated to luxury homes, showcasing the company's commitment to creating modern living environments that blend convenience and comfort.

The project will also include a 300+ key Intercontinental Hotel, offering luxury accommodations for business and leisure travelers. The hotel’s location within the township will provide convenient access to both the commercial and residential spaces, enhancing its appeal for visitors.

Hyderabad’s Thriving Real Estate Market

Hyderabad has become one of the most sought-after cities for real estate investments in recent years. Its rapidly growing economy, increasing demand for luxury residential and commercial spaces, and large land availability have all contributed to the city’s real estate boom. Since the COVID-19 pandemic, the real estate sector in Hyderabad has seen significant growth, particularly in areas like Kokapet and Puppalaguda in the western part of the city.

According to real estate consultancy ANAROCK, the number of high-rise residential projects in Hyderabad has surged by nearly 60% between 2021 and 2023. In 2021, there were 27 high-rise projects, offering around 24,914 units. By 2023, this number had increased to 67 projects, offering approximately 57,187 units. These figures highlight the growing demand for vertical living in the city, with many new developments exceeding 15 floors, and a notable rise in the number of projects with 30 floors or more.

Hyderabad’s growing infrastructure, coupled with the city’s established position as a hub for technology, business, and education, has made it an attractive destination for both domestic and international real estate developers. Brigade Group’s investment in a mixed-use development of this scale reflects the strong investor confidence in Hyderabad’s future growth.

Investor Confidence in Hyderabad

Brigade Group’s investment in this mixed-use development reflects the growing confidence in Hyderabad’s real estate sector. The township’s blend of luxury residences, commercial spaces, and recreational amenities is set to meet the demands of modern urban living..

As the demand for high-quality, integrated developments continues to rise in Hyderabad, this project by Brigade Group is set to be a major addition to the city’s skyline. The integration of residential, commercial, and hospitality spaces in one township will provide a comprehensive solution for both residents and businesses, making it a highly anticipated development in the city

Image source- brigadegroup.com