Brigade Group, one of India’s leading real estate developers, has announced the launch of a new mixed-use project in Chennai, expected to generate an estimated revenue of ₹800 crore. The company recently signed a Joint Development Agreement (JDA) to construct a residential development covering approximately one million square feet within a larger 1.5 million square feet mixed-use complex.
The new project is poised to offer a blend of residential, commercial, retail, and hospitality spaces, reflecting Brigade Group’s commitment to enhancing the city’s urban landscape. The total gross development value (GDV) of the project is expected to be around ₹800 crore, highlighting the scale and potential of this development.
Pavitra Shankar, Managing Director of Brigade Enterprises, emphasized that this project not only reinforces the company’s presence in Chennai but also aligns with its broader vision of delivering world-class spaces across various sectors. “This joint development agreement for a 1 million sq ft residential component within a larger mixed-use development further underscores our commitment to the city’s growth,” Shankar said in a statement.
Since its inception in 1986, Brigade Group has developed a strong portfolio in various cities, including Bengaluru, Mysuru, Hyderabad, Chennai, and Kochi. The company’s diverse projects span across residential, office, retail, hospitality, and educational sectors, making it a prominent player in India’s real estate landscape.
This latest project in Chennai further cements Brigade Group’s position as a top-tier real estate developer, reflecting its ongoing efforts to shape the city’s skyline with integrated, sustainable developments that cater to modern urban needs.
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