Brigade Enterprises Limited has acquired a 4.04 acres land parcel (plot No. 20) in Neopolis Phase 3, Hyderabad. The acquisition was through an auction conducted by the Hyderabad Metropolitan Development Authority, at a consideration of INR 1180 million per acre.

This follows the company's earlier acquisition in the same micro-market, which is now being developed as Brigade Gateway (plot No. 8), Hyderabad. The move reinforces Brigade's strategic growth plans in the city.