The premium residential project was acquired through an outright purchase and spans 4.04 acres. Brigade Barcelona will comprise more than 650 homes, with 3 BHK and 4 BHK apartments designed for modern urban lifestyles.
The project will feature Spanish-inspired architecture and European design elements. Its masterplan includes architectural setbacks aimed at providing natural ventilation and privacy, along with panoramic views of the urban landscape. The project will also offer lifestyle amenities including an eco-deck and a rooftop skywalk, with dedicated wellness zones.
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Neopolis has emerged as a luxury residential market in Hyderabad, with proximity to the Financial District, Gachibowli and HITEC City. The area has road connectivity and developing social infrastructure, while demand for larger premium homes has been seen among homebuyers, professionals, entrepreneurs and non-resident Indians (NRIs).
Brigade Enterprises said its growing presence in Neopolis reflects its confidence in Hyderabad as a market that will continue to create opportunities across real estate and other business segments.
Amar Mysore, Executive Director, Brigade Enterprises Ltd, said, “Our continued expansion in Hyderabad reflects our strong confidence in the city’s economic momentum and the depth of its real estate market.
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Hyderabad has evolved into one of India’s most compelling growth markets, supported by its strong corporate ecosystem of IT and Global Capability Centres, infrastructure development and a growing base of discerning homebuyers.
We are also seeing increasing demand for well-designed, premium homes in established and emerging micro-markets, particularly in the western corridor. Neopolis, with its strategic location and rapid transformation, is a strong example of this evolution.”
Shares of Brigade Enterprises Ltd ended at ₹690.70, down by ₹22.25, or 3.12%, on the BSE.
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