Brigade Enterprises, a leading property developer with over 30 years of experience, has launched ‘Brigade Altius’, a premium residential project in Chennai’s thriving IT corridor. This launch underscores the company’s strategic focus on expanding its presence in Chennai, aiming to make it their second-largest market after Bengaluru. The Brigade Enterprises expects Rs 1,700 crore revenue from its upcoming housing project in Chennai.

Brigade Altius: A Premium Residential Offering

• Project Overview: ‘Brigade Altius’ spans 6.5 acres in Sholinganallur, featuring three iconic 43-story towers with a total of 662 luxurious units.
• Unique Features: The project includes a 50,000 sq ft podium level and a magnificent skybridge connecting the towers, offering panoramic views and 15+ club amnetities .
• Strategic Location: Situated in the heart of Chennai’s IT corridor and near the upcoming Sholinganallur metro station, ‘Brigade Altius’ provides excellent connectivity.
• Revenue Potential: The project is expected to generate a revenue of Rs 1,700 crore.

For potential buyers interested in exploring properties in this area, Verified.RealEstate’s Buy service can be a valuable resource. To ensure the property aligns with legal standards, conducting Due Diligence is highly recommended.

Brigade Enterprises: A Legacy of Excellence

• Established Presence: With a history dating back to 1986, Brigade Enterprises has developed numerous residential, commercial, and hospitality projects across South India.
• Market Expansion: The company is focused on expanding its presence in Bengaluru, Chennai, and Hyderabad, with a goal to double its growth in Chennai.
• Diverse Portfolio: Brigade’s projects include high-rise luxury apartments, Grade A++ office spaces, and retail developments.

Brigade’s Residential Offerings in Chennai

• Luxury Living: Brigade’s residential properties in Chennai are known for their craftsmanship, modern aesthetics, and functional elegance.
• Amenities and Sustainability: Residents enjoy state-of-the-art fitness centers, swimming pools, landscaped gardens, and eco-friendly features.
• Privacy and Security: The projects prioritize privacy and security, providing a tranquil and secure living environment.

Other Upcoming Projects Of Brigade in Chennai:

Brigade Icon (Mount Road): Signature 3, 4, and 5-bedroom residences.

Brigade Nebula (OMR): 1 and 2 BHK residences within the World Trade Centre.

Brigade Xanadu (Mogappair West): 1 BHK residences.

Brigade Xanadu – Celeste (Mogappair West): 2, 2.5 and 3 BHK residences.

Brigade Xanadu – Bonito (Mogappair West): 2, 2.5 and 3 BHK residences.

World Trade Centre (OMR): Grade A++ office spaces.

To verify the legal status of existing properties or land before any purchase within these projects, one could utilize the Certified EC service.

Strategic Market Growth

Brigade Enterprises’ focus on Chennai reflects the city’s growing importance as a real estate market. The launch of ‘Brigade Altius’ is a significant step towards achieving the company’s growth objectives

Revitalizing Broadway: A Brownfield Project

The MMFC will be constructed on a Brownfield site, extending from NSC Bose Road to TNPSC Road. This strategic location will enhance connectivity and accessibility, making Broadway a pivotal transit hub. CMAML, a special purpose vehicle formed by Chennai Metro Rail Limited (CMRL) and Tamil Nadu Industrial Development Corporation (TIDCO), has issued a tender for the design and construction of this transformative complex.

Key Features and Design Elements

The complex will feature modern amenities, including lifts, escalators, and landscaped areas, ensuring a comfortable and seamless experience for commuters. The architectural design emphasizes eco-friendliness and aesthetic appeal, aiming to create a landmark structure for future generations.

• Integrated Bus Terminus and Commercial Building: The facility will include a bus terminus and a commercial building with two basements for parking and a concourse. The ground and first floors will house the bus bays, while the second to eighth floors will be dedicated to commercial spaces.
• Enhanced Connectivity: An underground subway will connect the MMFC to the Kuralagam basement, improving intermodal connectivity.
• Paratransit Facilities: The ground floor will feature bays for autorickshaws and non-motorized transit, catering to diverse commuting needs.
• Pedestrian-Friendly Design: Covered pathways and external pedestrian bridges will ensure safe and convenient pedestrian movement, including a foot over bridge (FoB) with entry and exit structures.
• Demolition and Redevelopment: The project will involve the demolition or partial demolition of 15 buildings/roofs, including the Broadway bus stand, shops, and portions of existing government structures, to pave the way for the new complex.

Modernization and Transit-Oriented Development (TOD)

This project aligns with the state government’s broader modernization plans, including the conversion of Metropolitan Transport Corporation (MTC) bus terminals and depots for commercial development. CMAML has also signed a contract to develop the Chennai Central Tower, furthering the city’s transit-oriented development goals. Future plans include the potential development of bus terminus in Vallar Nagar and toll gate by CMAML.

Impact and Future Outlook

The MMFC in Broadway is expected to significantly enhance urban mobility, reduce congestion, and stimulate economic activity in the area. By integrating various modes of transport and commercial spaces, the project will create a vibrant and sustainable urban environment.

Strict Enforcement Against Violations

The court’s ruling emphasizes that no leniency will be shown to those who do not abide by the building norms. Justices S.M. Subramaniam and K. Rajasekar, in their division bench, stressed that government authorities must act swiftly and decisively upon receiving complaints about unauthorized constructions.

No Escape Through Regularization – Court’s Firm Stance

The court dismissed a petition filed by Janpriya Builders, who had constructed the ninth and tenth floors of their building without approval, exceeding the sanctioned eight floors. The builders’ attempts to seek regularization were repeatedly rejected by the Chennai Metropolitan Development Authority (CMDA). The court clarified its stance with a strong statement: “No unauthorised construction shall be allowed to remain and the authorities are bound to initiate appropriate actions on receipt of information or complaint from any person. Since the law has been declared by the Supreme Court, no leniency or misplaced sympathy can be shown by the courts merely on the ground that the violator has invested some amount,” said a division bench of Justices S M Subramaniam and K Rajasekar while dismissing a petition filed against the demolition of the building. This highlights that mere investment in illegal construction does not absolve violators of their responsibility.

Condemnation of Official Complicity

The bench also criticized officials from the CMDA, Greater Chennai Corporation (GCC), and other relevant authorities for their alleged complicity with violators. It highlighted that such collusion emboldens builders and contractors to engage in illegal activities, hoping to evade legal repercussions.

Demolition Timeline

The CMDA issued a lock, seal, and demolition notice for the unauthorized portions from the fourth to the tenth floor. The High Court has now directed the CMDA and GCC to complete the demolition of these unauthorized sections within eight weeks, as per the order dated November 28, 2023.

Impact on Chennai’s Real Estate Landscape

This ruling sends a strong message to the real estate sector in Chennai, reinforcing the importance of adhering to building regulations. It serves as a reminder that unauthorized constructions will not be tolerated, and swift action will be taken to rectify such violations.