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Brigade Enterprises Ltd News

Brigade Enterprises expects over Rs 400 cr revenue from new housing project

Realty firm Brigade Enterprises is expecting more than Rs 400 crore revenue from its newly-launched residential tower in Bengaluru. The company has launched residential tower 'Cobalt' at its 50-acre township, Brigade El Dorado, located in KIADB Aerospace Park. "Comprising 948 one-bedroom apartments, the company has pegged the potential revenue value at over Rs 400 crore," Brigade said in a regulatory filing on Thursday. The overall size of this township is around 6.1 million (61 lakh) square feet including residential, shopping, wellness, and entertainment facilities. "In the recent past, there has been a surge in the number of multinational companies that have chosen to set up shop in North Bengaluru, creating a demand for skilled talent. This in turn has fuelled the growth and demand for high quality, sustainable real estate in the region," Amar Mysore, Executive Director, Brigade Enterprises said. Potential home buyers in the region are primarily millennials, who aren't just ..

Brigade Enterprises expects over Rs 400 cr revenue from new housing project
Updated On : 12 Jul 2024 | 3:42 PM IST

Brigade Enterprises stock gains 2% after unit launches residential tower

The uptick in share price came after the company announced that its arm has launched a new residential project, Cobalt

Brigade Enterprises stock gains 2% after unit launches residential tower
Updated On : 12 Jul 2024 | 12:16 PM IST

Brigade Enterprises up 5% after signing Bengaluru residential project deal

The uptick in the stock price came after the real estate player announced that it has signed a joint development agreement for a 1.2 million sq ft residential project in Bengaluru

Brigade Enterprises up 5% after signing Bengaluru residential project deal
Updated On : 04 Jul 2024 | 9:56 AM IST

Brigade Enterprises rises 3% on launching residential project in Bengaluru

The development boasts a revenue potential of Rs 1,100 crore

Brigade Enterprises rises 3% on launching residential project in Bengaluru
Updated On : 28 Jun 2024 | 10:07 AM IST

Brigade Enterprises eyes Rs 1,100 cr revenue from housing project in B'luru

Realty firm Brigade Enterprises on Thursday said it has launched a new housing project with a revenue potential of Rs 1,100 crore. The project 'Brigade Insignia' is located at Yelahanka, Bengaluru, and comprises 379 units. "The project has a revenue potential of Rs 1,100 crore," the company said in a statement. Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, said, "Demand for residential projects is currently high, and the segment is witnessing steady growth. This project is set to ride on that demand and is part of our 11 million square feet expansion plan in the residential space and will be ideal, both as an investment and for ownership." Apartments at Brigade Insignia are available at a ticket size ranging from Rs 3 crore to Rs 9 crore. The project is expected to be completed in June 2029. Brigade Group is one of India's leading property developers. Instituted in 1986, the company has developed many projects across South Indian cities - Bengaluru, Mysuru, Hydera

Brigade Enterprises eyes Rs 1,100 cr revenue from housing project in B'luru
Updated On : 27 Jun 2024 | 7:45 PM IST

CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here

The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.

CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here
Updated On : 19 Jun 2024 | 1:04 PM IST

Brigade Group to invest Rs 8,000 cr in Chennai; develop 15 mn sq ft

Bengaluru-based real estate company aims to double growth in Chennai

Brigade Group to invest Rs 8,000 cr in Chennai; develop 15 mn sq ft
Updated On : 12 Jun 2024 | 4:48 PM IST

Market positive as residential, hospitality sectors on a high: Brigade MD

Shankar highlights the factors behind the company's revenue growth, the best-performing segments, and the status of their project pipeline

Market positive as residential, hospitality sectors on a high: Brigade MD
Updated On : 07 Jun 2024 | 6:13 PM IST

Rate sensitive shares trade firm as RBI keeps repo rate unchanged at 6.5%

At 10:40 am; Nifty Bank, Nifty Financial Services, Nifty Private Bank, Nifty PSU Bank, Nifty Auto and Nifty Realty index were up in the range of 0.60% to 1.07%.

Rate sensitive shares trade firm as RBI keeps repo rate unchanged at 6.5%
Updated On : 07 Jun 2024 | 11:23 AM IST

Brigade Q4 results: Profit up 234%, revenue rises 102% on strong demand

In FY24, Brigade launched 5.26 million square feet in the residential sector and 0.94 million square feet in the commercial sector

Brigade Q4 results: Profit up 234%, revenue rises 102% on strong demand
Updated On : 28 May 2024 | 7:49 PM IST

Brigade Enterprises posts record sale bookings of Rs 6,013 cr last fiscal

Realty firm Brigade Enterprises Ltd on Tuesday reported a 46 per cent annual increase in its sale bookings to record Rs 6,013 crore in the last fiscal year, mainly due to better demand for its housing projects. Its sale bookings stood at Rs 4,109 crore in the 2022-23 fiscal. In a statement, Brigade Enterprises said it has achieved pre-sales of Rs 6,013 crore in FY24 and Rs 2,243 crore in the fourth quarter of FY24 the highest ever for both in terms of a quarter as well as financial year. Average sales realisation rose 23 per cent annually last fiscal year. "The residential business continued to drive sales growth, with all other verticals of the company contributing significantly and finishing strong in the financial year," Pavitra Shankar, Managing Director of Brigade Enterprises, said. The company has been able to achieve its best-ever operational performance last fiscal, she said. "we aim to leverage this performance in FY25. Our outlook is optimistic, as we believe demand fo

Brigade Enterprises posts record sale bookings of Rs 6,013 cr last fiscal
Updated On : 16 Apr 2024 | 7:30 PM IST

Stocks to Watch today: Jio Financial, Cipla, Vi, Brigade, Vedanta, Aster DM

Stocks to watch on Tuesday, April 16, 2024: Balrampur Chini, Bandhan Bank, Exide, GNFC, Hind Copper, India Cement, Metropolis, National Aluminium, PEL, SAIL and Zee are the 11 stocks in F&O ban today.

Stocks to Watch today: Jio Financial, Cipla, Vi, Brigade, Vedanta, Aster DM
Updated On : 16 Apr 2024 | 7:49 AM IST

Brigade Enterprises to invest Rs 400 crore to build office space in Chennai

Realty firm Brigade Enterprises Ltd on Monday said it will invest Rs 400 crore to build an office complex in Chennai. In a statement on Monday, Bengaluru-based Brigade Enterprises said it has entered into a Joint Development Agreement (JDA) with Agni Estates & Foundations Pvt Ltd to develop 'Brigade Tech Boulevard', a 'Grade A' office space on Pallavaram-Thoraipakkam Radial Road, in Chennai. "With an investment of around Rs 400 crore, the project will have a leasable area of 8.36 lakh square feet spread across two towers," it added. This will be the next commercial project launched by Brigade Group after the successful completion of the 'World Trade Centre' on OMR. Nirupa Shankar, Joint Managing Director, Brigade Enterprises, said, "Chennai is a diverse office market with demand from not only IT and ITeS sector but also from several other industry verticals including engineering, automotive and banking, etc." Offices that conform to sustainability, with seamlessly integrated ...

Brigade Enterprises to invest Rs 400 crore to build office space in Chennai
Updated On : 15 Apr 2024 | 11:07 PM IST

Bull run to continue for realty shares, analysts advise buying the dips

After a sharp rally in FY24, which has seen the Nifty Realty index soaring more than 128 per cent against a 26.7 per cent jump in the Nifty 50, any correction in the shares provides good buying opport

Bull run to continue for realty shares, analysts advise buying the dips
Updated On : 29 Mar 2024 | 10:00 AM IST

Brigade Q3 results: Profit up 31% on strong growth in residential segment

In the real estate segment, Brigade achieved its strongest performance ever for Q3 of a financial year with sales of 1.7 million square feet with a sale value of Rs 1,524 crore

Brigade Q3 results: Profit up 31% on strong growth in residential segment
Updated On : 06 Feb 2024 | 5:59 PM IST