Brigade Enterprises acquires acres land in Chennai
Real Estate

Brigade Enterprises acquires acres land in Chennai

Brigade Enterprises reported in a BSE filing that it has paid Pfizer Healthcare India a total of Rs. 138.83 crore for a 6.54 acre parcel of land. The location is situated in Sholinganallur, Chennai, along Rajiv Gandhi Salai (Old Mahabalipuram Road).

The corporation plans to erect a residential complex on this plot of land that will have a total construction area of more than one million square feet.

In the quarter that ended on June 30, 2023, the company recorded a decline in net consolidated profit of 66.14 percent. The company said in a BSE filing that their profit after tax decreased from Rs 64.65 crore in the first quarter of the previous fiscal to Rs 21.89 crore in Q1 FY24.

Its net consolidated total income for the first quarter of FY24 was Rs 685.43 crore, down 25.52 percent from Rs 920.28 crore for the same period the previous year.

Brigade Enterprises reported in a BSE filing that it has paid Pfizer Healthcare India a total of Rs. 138.83 crore for a 6.54 acre parcel of land. The location is situated in Sholinganallur, Chennai, along Rajiv Gandhi Salai (Old Mahabalipuram Road).The corporation plans to erect a residential complex on this plot of land that will have a total construction area of more than one million square feet.In the quarter that ended on June 30, 2023, the company recorded a decline in net consolidated profit of 66.14 percent. The company said in a BSE filing that their profit after tax decreased from Rs 64.65 crore in the first quarter of the previous fiscal to Rs 21.89 crore in Q1 FY24.Its net consolidated total income for the first quarter of FY24 was Rs 685.43 crore, down 25.52 percent from Rs 920.28 crore for the same period the previous year.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?