Brigade Group to develop 2.1 mn sq ft residential township in Chennai

30 Jun 2022 CW Team

A Joint Development Agreement (JDA) for the development of around 2.1 million sq ft in Chennai has been signed by the Brigade Group.

The 15 acres of property near the OMR Sholinganallur junction in Perumbakkam would be turned into a large residential township.

Over the next five years, the Chennai residential business of Brigade Group is likely to generate roughly Rs 6,000 Crore in income.

Pavitra Shankar, Executive Director and Head of Residential Business, told the media that they would continue to place a lot of emphasis on South India, and this project is a major component of our plan to increase our footprint in Chennai.

He said in around five years, the project will generate over Rs. 1,500 crores in revenue. Customers' feedback will be favourable, especially from the IT and ITeS sectors, as it is located in the heart of the IT Office belt.

One of Chennai's rapidly developing residential areas, Perumbakkam, has recently seen increased infrastructure development.

Further, the Group is growing its Residential, Commercial, and Retail sectors as part of its consolidation objectives in Chennai.

Image Source

Also read: CHB awaits eco-clearance for IT Park housing scheme

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..