Realty firm Brigade Enterprises is targeting a revenue of Rs 2,100 crore from its new housing project in Chennai. The company has launched a 14.7-acre project Brigade Morgan Heights, located along the Sholinganallur-Medavakkam road in Chennai, comprising 1,250 units.
The gross development value of this project is about Rs 2,100 crore, the company said in a regulatory filing on Saturday.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The project, which has a total development potential of 2.2 million (22 lakh) square feet, will be developed under a joint development agreement.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Pavitra Shankar, Managing Director, Brigade Enterprises Ltd., said, "Chennai continues to be a vital market for Brigade Group, and this expansion aligns with our vision of delivering high-quality residential developments in upcoming urban corridors."
Established in 1986, Brigade Group is one of India's leading property developers. It has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
