Tag: Brigade Group

IndustryLatest Stories

IPO Surge Among Developers Shows Improved Governance, Needs Careful Expansion: Brigade Group’s Founder

File Photo NEW DELHI: India’s residential real estate market is experiencing a robust post-pandemic uptrend, characterized by a noticeable shift towards premium offerings, enhanced affordability, and increased buyer ambitions, according to M. R. Jaishankar, founder and executive chairman of Brigade Group. However, he emphasizes that the most enduring demand lies within the mid-income and mass housing segments. In an exclusive interview with Ankit Sharma, Jaishankar expressed optimism about the sector’s long-term trajectory, supported by rising incomes and economic growth. He stressed the necessity for developers to exercise restraint in their expansion plans and called for a reassessment of the affordable…

IndustryLatest Stories

ETRECA 2026 Celebrates Leaders in Residential, Commercial, and PropTech

Sure! Here’s a rewritten version of the content in a more structured format: Sr. No. Master Category Sub-Category Company Name Project Name Metro/Non-Metro Status Zone 1 Individual Lifetime Achievement Person of the Year Brigade Group M R Jaishankar, Executive Chairman, Brigade Group National 0 0 2 Residential Affordable Housing (East: Ongoing) Eden Realty Group Solaris Joka Metro Ongoing East 3 Residential Affordable Housing (West: Ongoing) Naiknavare Dwarka Metro Ongoing West 4 Jury Recognition Residential Affordable Housing (South: Ongoing) CasaGrand Casagrand Massimo Metro Ongoing South 5.1 Residential Affordable Housing (Non-Metro) Ashiyana Dream Homes Pvt Ltd Ashiyana Infinity Non-Metro Completed West 117…

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Brigade Group and Primus to Launch Three Senior Living Facilities

NEW DELHI: Brigade Group has teamed up with Primus Senior Living to introduce three senior living communities across Bengaluru and other areas in South India. The forthcoming developments are projected to have a gross development value (GDV) of around ₹750 crore, with two of the three projects integrated into larger township developments. “This collaboration marks a significant milestone in our efforts to broaden Brigade Group’s presence in senior living,” stated Pavitra Shankar, Managing Director of Brigade Enterprises. Published On Feb 27, 2026 at 07:16 AM IST Join over 2 million industry professionals. Subscribe to our newsletter for the latest insights…

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Brigade Enterprises Q3 FY26 Net Profit Falls 12.61%

NEW DELHI: Brigade Enterprises has reported a 12.61% decline in net consolidated profit for the quarter ending December 31, 2025. Its profit after tax for Q3 FY26 was ₹205.83 crore, down from ₹235.52 crore in the same quarter last year, according to a BSE filing. The net consolidated total income for Q3 FY26 was ₹1,623.18 crore, reflecting a 6.11% increase from ₹1,529.68 crore in the previous year’s corresponding quarter. The company’s board has accepted the resignation of Pradyumna Krishna Kumar as interim Chief Financial Officer, effective February 2, 2026. Despite stepping down from this role, he will continue as an…

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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 StoriesRegulatory

Chennai: ₹2,000 Cr Housing Scam in Pallikaranai Ramsar Site

CHENNAI: The anti-corruption NGO Arappor Iyakkam has accused various state government departments of unlawfully granting clearance for a ₹2,000-crore housing project allegedly located within the ecologically sensitive Pallikaranai Ramsar wetland area in Perumbakkam. In a complaint to the Chief Minister, Chief Secretary, and DVAC, the NGO highlighted that the State Environment Impact Assessment Authority (SEIAA) and CMDA provided environmental clearance and construction approval for specific survey numbers—453, 495/2c, 496, 497, and 498—which fall within the marshland boundaries. Arappor claims to have submitted a 213-page supporting document as evidence. According to the Ramsar site map and influence outlines provided by CMDA,…

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 Group Leases 9-Acre Plot on Chennai’s OMR

Representative image created by AI BENGALURU: Brigade Group, a prominent real estate developer, has secured a long-term lease for nine acres of land in Perungudi along the Old Mahabalipuram Road (OMR) in Chennai from YMCA. This acquisition stands out as one of the most significant transactions in the city’s IT corridor in recent years. The site, leased for 55 years, is situated in a strategically important area where large land parcels are rare. It has the potential for development of approximately 1.6 million sq ft, according to an insider. Though financial specifics are not disclosed, experts estimate that land at…

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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…