Hot Pursuit     24-May-24
Brigade Enterprises inks JDA to develop Rs 720 cr residential project in Bengaluru
Brigade Enterprises said that it has signed Joint Development Agreement (JDA) to develop a residential project on old madras road, Bengaluru with gross development value of Rs 720 crore.
The said project spread across 6.9 acres with a total development potential of around 0.8 Mn Sqft.

The main USP of the project is its proximity to micro-markets like Indiranagar and Whitefield, in addition to good connectivity to other important parts of the city. The said project will be in line with the company’s innovative design, commitment to sustainability and amenities that for a contemporary living experience.

Pavitra Shankar, managing director of Brigade Enterprises, said, “We continue to see sustained demand for housing, driven by the need for homes with more space and practical amenities in strategic locations. This new residential development reflects our ongoing efforts to meet this demand by delivering quality homes that cater to customers' needs. Another step in our plan to create vibrant communities and enhance the living experience for residents.”

Brigade Enterprises is one of India’s leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels.

The company reported 31% rise in consolidated net profit to Rs 55.8 crore on a 41% increase in revenue to Rs 1,208.2 crore in Q3 FY24 as compared with Q3 FY23.

The scrip rallied 6.24% to end at Rs 1,267.80 on Thursday, 23 May 2024.

Previous News
  BrigadeEnt edges higher after launching Rs 1100-cr premium residential project in Bengaluru
 ( Hot Pursuit - 28-Jun-24   09:39 )
  Sensex climbs 303 pts; PSU banks advance
 ( Market Commentary - Mid-Session 28-Jun-24   10:33 )
  Brigade Enterprises consolidated net profit rises 113.27% in the March 2023 quarter
 ( Results - Announcements 24-May-23   16:42 )
  Brigade Enterprises schedules board meeting
 ( Corporate News - 30-Jul-24   11:28 )
  Brigade Group launches ibis Styles Mysuru in partnership with Accor
 ( Corporate News - 17-Aug-24   17:54 )
  Nifty climbs above 23,500; metal shares shine
 ( Market Commentary - Mid-Session 20-Jun-24   11:39 )
  Brigade Enterprises consolidated net profit rises 1376.49% in the March 2021 quarter
 ( Results - Announcements 18-May-21   17:56 )
  Volumes jump at Brigade Enterprises Ltd counter
 ( Hot Pursuit - 29-Feb-24   14:30 )
  Brigade Enterprises Ltd Spurts 4.47%
 ( Hot Pursuit - 09-Nov-23   09:30 )
  Brigade Enterprises reports consolidated net profit of Rs 87.68 crore in the June 2022 quarter
 ( Results - Announcements 03-Aug-22   08:57 )
  Brigade Enterprises to convene board meeting
 ( Corporate News - 16-May-24   12:29 )
Other Stories
  RailTel Corporation bags order worth Rs 134.46-cr
  28-Sep-24   15:03
  Lupin’s Pithampur facility completes USFDA inspection with 3 observations
  28-Sep-24   14:54
  Zydus Life gets final approval from USFDA for cancer drug
  28-Sep-24   14:42
  Alembic Pharma’s Gujarat unit gets EIR from USFDA
  28-Sep-24   13:02
  Bajel Projects wins first data centre order
  28-Sep-24   12:11
  Oriental Rail Infra bags order worth Rs 1.79 cr
  28-Sep-24   10:43
  Avantel bags order worth Rs 44 cr from Larsen & Toubro
  28-Sep-24   10:09
  Kaushalya Logistics spurts on inking LoI with McDonald’s
  27-Sep-24   15:37
  Marsons hits the roof on bagging order worth Rs 675 cr
  27-Sep-24   15:27
  Rites bags order worth Rs 100-cr from Adani Ports & SEZ
  27-Sep-24   15:26
Back Top