Brigade Eyes Over Rs 10 Billion From Bengaluru Project
Real Estate

Brigade Eyes Over Rs 10 Billion From Bengaluru Project

Real estate firm Brigade Enterprises announced on Monday that it is targeting revenue of over Rs 10 billion from its newly launched residential project in Bengaluru. The development, named Brigade Avalon, is located on Whitefield Main Road and spans 4.36 acres.

The project will comprise 206 apartments, with a total development area of 640,000 square feet. Brigade Enterprises confirmed the revenue potential exceeds Rs 10 billion, reflecting strong demand in the Whitefield micro-market.

“Whitefield is a high-priority micro-market for us,” said Pavitra Shankar, Managing Director of Brigade Enterprises Ltd.

Founded in 1986, Brigade Group is among India’s leading real estate developers. The company operates across residential, office, and retail segments and also maintains a presence in the hospitality and education sectors.


Real estate firm Brigade Enterprises announced on Monday that it is targeting revenue of over Rs 10 billion from its newly launched residential project in Bengaluru. The development, named Brigade Avalon, is located on Whitefield Main Road and spans 4.36 acres.The project will comprise 206 apartments, with a total development area of 640,000 square feet. Brigade Enterprises confirmed the revenue potential exceeds Rs 10 billion, reflecting strong demand in the Whitefield micro-market.“Whitefield is a high-priority micro-market for us,” said Pavitra Shankar, Managing Director of Brigade Enterprises Ltd.Founded in 1986, Brigade Group is among India’s leading real estate developers. The company operates across residential, office, and retail segments and also maintains a presence in the hospitality and education sectors.

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App