Tag: Brigade Enterprises

IndustryLatest Stories

Bengaluru body plans land auctions for ₹1,800 crore boost

Representative image created by AI The Bengaluru Development Authority (BDA) is set to generate up to ₹1,800 crore through the auction of prime urban land, enhancing efforts to monetize land assets and increase revenue. This initiative is anticipated to draw competitive bids from top real estate developers, especially amid ongoing land shortages and high demand in metropolitan areas. Part of the monetization strategy includes BDA’s planned e-auction for three substantial commercial land parcels in Konadasapura, located along the rapidly developing Whitefield–Hosakote Road corridor in east Bengaluru. The largest parcel covers over 52 acres (approximately 2.13 lakh sq. metres), with two…

Latest StoriesRegulatory

Income Tax Raids Brigade Enterprises’ Offices

Brigade Enterprises’ shares dropped by as much as 2%, reaching a day low of Rs 868.10 on the BSE on December 15. This followed the announcement that the Income Tax Department had begun search operations at its registered office and other linked locations, which took place from December 9 to December 13. In an official exchange statement over the weekend, Brigade Enterprises confirmed that it and its officers have fully cooperated with the authorities, supplying all necessary information. The company emphasized that its business operations are running smoothly without any interruptions. Currently, the stock is trading at Rs 886, with…

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HDFC Capital Invests ₹20 Crore in Earth Fund by Brigade & Gruhas

NEW DELHI: HDFC Capital has formed a partnership with Brigade Enterprises and Gruhas PropTech LLP. This collaboration sees the company acquiring a minority stake in Zoiros Projects and investing ₹20 crore into the Earth Fund. The Earth Fund is dedicated to supporting early-stage ventures that are transforming the built environment. Vipul Roongta, CEO of HDFC Capital, stated, “Launched in 2019, HDFC Capital’s H@ART platform aims to invest in, mentor, and collaborate with companies focused on enhancing efficiencies. Our alliance with Earth Fund is a natural progression of this purpose.” Published On Dec 2, 2025 at 09:07 AM IST Join 2M+…

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Brigade Enterprises Q2 FY26 Net Profit Surges 47.97%

NEW DELHI: Brigade Enterprises has announced a significant increase in its net consolidated profit, rising by 47.97% for the quarter ending September 30, 2025. The company’s profit after tax for Q2 FY26 reached ₹170.28 crore, compared to ₹115.08 crore in the same period last year, according to a filing with the BSE. The total consolidated income stood at ₹1,429.86 crore, marking a 25.63% increase from ₹1,138.13 crore in the same quarter last year. In Q2 FY26, net bookings in the real estate sector were 1.90 million sq ft, with a sales value of ₹2,034 crore. Collections for the quarter amounted…

Latest StoriesResidential

Brigade Group to Co-Develop Residential Project in West Chennai

NEW DELHI: Brigade Enterprises has entered into a joint development agreement (JDA) for a 6.6-acre land parcel in West Chennai. The project holds an estimated gross development value (GDV) of ₹1,000 crore, with an expected launch in 2026. In September 2025, the company signed a JDA for a residential development in Banashankari, 5th Stage, South Bengaluru. This project will cover 7.5 acres and has a projected GDV of around ₹1,200 crore. Furthermore, the company has secured a residential project in East Bengaluru. This joint development spans approximately 10.75 acres, featuring a total saleable area of 2.5 million sq ft, with…

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Brigade Enterprises Q1 FY26 Sales Bookings Rise 3% to ₹1,118 Cr

NEW DELHI: Brigade Enterprises Ltd experienced a 3% growth in sales bookings, reaching Rs 1,118 crore in the first quarter of the fiscal year, attributed to improved per square foot realizations from residential properties. In comparison, sales bookings in the same period last year amounted to Rs 1,086 crore. As per the company’s latest investor presentation, sales bookings by volume decreased by 17% to 9.49 lakh sq ft from 11.45 lakh sq ft. However, the realization per square foot surged by 24% to Rs 11,782 per sq ft from Rs 9,483 per sq ft. On Wednesday, Brigade Enterprises Ltd reported…

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Brigade Enterprises’ Q1 FY26 Profit Soars 79% to ₹150 Crore

NEW DELHI: Brigade Enterprises, a real estate firm, reported a 79% surge in its consolidated net profit, reaching ₹149.88 crore for the quarter ending June. This compares to a net profit of ₹83.72 crore during the same period last year. The company’s total income grew to ₹1,332.86 crore in the April-June quarter, up from ₹1,113.44 crore in the previous fiscal year, as indicated in a regulatory filing. Founded in 1986, Brigade Enterprises is among the top real estate developers in India, specializing in residential projects, office spaces, and shopping malls. The company is also involved in the hotel and education…

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Brigade Group to Co-Develop Two Housing Projects in Hyderabad

NEW DELHI: Brigade Group has entered into joint development agreements (JDAs) for new residential projects in Moti Nagar, Hyderabad—Brigade Citadel 2 and Citadel 3. “This expansion is a strategic move towards our sustainable and scalable growth in Hyderabad, a crucial market for us in South India. We will actively seek land parcels that align with our growth ambitions, design vision, and quality standards,” stated Amar Mysore, Executive Director of Brigade Enterprises. Together, these projects cover a total development area of around one million square feet, with expected revenue surpassing ₹970 crore. The developments will be set across 10 acres of…

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Brigade Group buys 20.19 acres in Bengaluru for ₹588.33 crore

Representative image created by AI NEW DELHI: Brigade Group has acquired a 20.19-acre land parcel located in the Whitefield–Hoskote corridor of Bengaluru. This acquisition was finalized for ₹588.33 crore through Ananthay Properties, a subsidiary of Brigade Enterprises. The site is poised for mixed-use development, with a gross development value (GDV) estimated at ₹5,200 crore and a potential development area of 4.2 million sq ft. Recently, BuzzWorks, the managed and flexible offices division of Brigade Group, leased over 50,000 sq ft at Mindspace Business Park in HITEC City, Hyderabad. The center can accommodate 1,000 seats. Published On Jul 21, 2025 at…