Tag: Brigade Group

CommercialLatest Stories

BuzzWorks Opens 16,000 Sq Ft Office in Mysuru

NEW DELHI: BuzzWorks, the managed office and co-working division of Brigade Group, has officially launched a new 16,000 sq. ft. center on Vinoba Road in Mysuru. The facility can accommodate over 500 workstations and is situated within the Brigade Vantage commercial complex, which spans 1.3 lakh sq ft. Plans are in place to further expand the center by an additional 16,000 sq ft in the near future. Siddharth Verma, the business head, remarked, “This launch is a part of our broader multi-city expansion strategy that we intend to execute during this financial year.” In addition, BuzzWorks is set to expand…

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Brigade to Launch FY27 Projects, Focus on Mid-Segment Housing

NEW DELHI: Brigade Enterprises plans to move forward with its scheduled residential launches in FY27 and intends to continue land acquisitions despite evaluating the effects of global uncertainty, the slowdown in the technology sector, and delays in approvals, according to Pavitra Shankar, managing director of Brigade Enterprises. The company recorded real estate pre-sales of ₹7,424 crore in FY26, amounting to sales of 6.13 million sq ft. It aims to achieve approximately 9-10 million sq ft in residential sales for FY27 to sustain its long-term growth trajectory, with Shankar noting that customer sentiment and timely approvals are crucial factors. Edited excerpts…

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Brigade Enterprises’ Net Profit Up 6.51% to ₹724.76 Crore FY26

NEW DELHI: Brigade Enterprises has announced a 6.51% rise in its net consolidated profit for the financial year 2025-26. The profit after tax reached ₹724.76 crore compared to ₹680.47 crore recorded in FY25, according to a BSE filing. The company’s net consolidated total income for FY26 was ₹5,909.01 crore, reflecting an 11.21% growth from ₹5,313.54 crore in FY25. In Q4 FY26, the net consolidated total income dipped by 0.60%, standing at ₹1,523.11 crore compared to ₹1,532.29 crore in the same quarter last year. Profit after tax fell by 23.52% to ₹190.70 crore in Q4 FY26, down from ₹249.35 crore in…

CommercialLatest Stories

Brigade Group and Bain Capital to Develop 2M Sq Ft in Bengaluru

Representative AI image NEW DELHI: Brigade Group and Bain Capital are set to develop a mixed-use project in Whitefield, Bengaluru. The development will be executed through a 50:50 joint venture between the two entities, with a total investment of around ₹2,200 crore on an approximately 11-acre site. The integrated project is projected to encompass around two million square feet, featuring grade-A office space and a five-star hotel managed by an international brand. Recently, the company acquired a 5.72-acre land parcel in Osman Nagar, Hyderabad, at a price of ₹44 crore per acre. It plans to establish a residential project on…

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Omaxe to Invest ₹250 Cr in Lucknow Project; Brigade Buys Land in Hyderabad

NEW DELHI: Omaxe Garv Buildtech, a fully-owned subsidiary of Omaxe Group, plans to invest around ₹250 crore to develop a residential project named Omaxe Cassia along Raebareli Road in Lucknow. The project will feature eight towers with 2BHK and 3BHK apartments, projected to be completed in the next three years. In a separate regulatory announcement, Brigade Enterprises reported the acquisition of a 5.72-acre land parcel in Osman Nagar, Hyderabad, via an auction held by the Telangana Industrial Infrastructure Corporation (TGIIC). The land was purchased at a rate of ₹44 crore per acre, excluding registration fees, with plans to develop a…

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Brigade Group to Jointly Develop 8.63 Acres in East Bengaluru

Representative AI image NEW DELHI: Brigade Group has entered into a joint development agreement (JDA) for an 8.63-acre site in Gunjur, East Bengaluru. This is part of a larger 39-acre development primarily aimed at creating a substantial residential township, estimated to have a gross development value (GDV) of around ₹7,200 crore. The township’s overall land acquisition is being executed through a mix of outright purchases and joint development agreements, with the recent signing of the 8.63-acre JDA marking an important step forward for the larger master-planned project. BCV Developers, a subsidiary of Brigade Group, has signed a deal with Hyatt…

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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…

IndustryLatest Stories

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…