Tag: Brigade Group

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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…

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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…