Brigade Enterprises Limited, one of India’s leading real estate developers, has signed a Joint Development Agreement (JDA) for a prime 6.6-acre land parcel in West Chennai. The project carries an estimated Gross Development Value (GDV) of Rs 10 billion and will deliver a premium residential development that reflects the city’s evolving urban aspirations.

Strategically located on a major arterial corridor, the site offers seamless connectivity to Chennai’s industrial and peripheral business districts, positioning it as an ideal location for an integrated, future-ready community.

Commenting on the agreement, Ms. Pavitra Shankar, Managing Director of Brigade Enterprises Limited, said,

“Chennai is our second-largest market, and this joint venture is a key step in deepening our presence and expanding our portfolio in the city. Chennai’s real estate market continues on a strong growth trajectory, supported by robust infrastructure and sustained demand from both end-users and investors. This new residential development aligns with our strategy of securing marquee land parcels in prime locations to deliver integrated, high-quality projects that meet the expectations of Chennai’s discerning homebuyers.”

The project will be developed by Brigade and will include thoughtfully designed apartments, lifestyle amenities, and ESG-aligned infrastructure. Subject to regulatory approvals, the project is expected to launch in 2026.