Brigade Enterprises, a real estate major, has launched five projects in Q1FY15 of which three were residential and two commercial. The company expects new projects to contribute around Rs 50-70 crore in the next quarter. It is eyeing realizations on new projects at around Rs 5,500-6,000 per square feet.
Brigade Enterprises is a flagship company of Brigade Group, which is one of South India's leading property developers. The company has completed 67 residential, commercial, retail and hospitality projects, covering over 6.74 million square feet of developable area.