Brigade Group inks agreements for prime land parcels in Chennai, Bengaluru

10 Aug 2022 Evaluate

Brigade Group has signed definitive agreements for prime land parcels in Chennai and Bengaluru, which have a total revenue potential of Rs 4000 crore in the next 4-5 years. The agreement to purchase the Mount Road property in Chennai from the TVS Group company has a potential 1 million square feet of a mixed-use development comprising office, retail and residential.

The joint development property in Bengaluru has a development potential of over 2 million square feet of residential apartments. Brigade Group has a strong pipeline of upcoming projects of 10 million square feet with key projects in Bengaluru, Hyderabad, and Chennai.

Brigade Enterprises is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.

Brigade Enterprises Share Price

516.15 -14.60 (-2.75%)
23-Sep-2022 18:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 230.25
NBCC (India) 33.20
JMC Projects (India) 97.60
Prestige EstatesProj 434.35
DLF 370.30
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