Brigade Group to Invest Rs 15 Bn in Kerala for Expansion

24 Feb 2025 CW Team

Brigade Enterprises Ltd, the flagship entity of Brigade Group, has formalised its intent through an Expression of Interest (EOI) submitted at the Invest Kerala Global Summit 2025. The company, in a statement, confirmed its ambitious roadmap for growth within the state.

As part of its expansion, Brigade Group proposes to establish its second World Trade Center (WTC) in Kerala. The first WTC in the state, located in Kochi, has already positioned itself as a prime business hub. The addition of another WTC will further strengthen Kerala’s standing in the commercial real estate landscape, attracting businesses and investors to the state.

Beyond commercial developments, Brigade is set to diversify its portfolio in Kerala with a new residential project in Kochi and a luxury island resort at Vaikom. The residential project aims to meet the increasing demand for high-quality urban housing, while the premium island resort is expected to enhance Kerala’s tourism appeal, capitalising on the state's natural beauty and its growing reputation as a world-class travel destination.

These projects are slated for completion by 2030, with the Kerala government extending regulatory and infrastructural support in accordance with existing legal frameworks. The state’s proactive approach towards attracting private investment, coupled with its strategic location and skilled workforce, makes it an attractive destination for real estate expansion.

About Brigade Group Founded in 1986, Brigade Group is one of India’s foremost property developers, known for its expertise in residential, commercial, retail, and hospitality sectors. Headquartered in Bengaluru, the company has successfully developed landmark projects across South India, with a strong presence in cities such as Bengaluru, Mysuru, Hyderabad, Chennai, and Kochi.

Brigade Group's diversified portfolio includes premium homes, Grade A office spaces, shopping malls, and luxury hotels, catering to both domestic and international clientele. With a reputation for innovation, sustainability, and quality construction, the group has played a pivotal role in shaping India’s urban infrastructure.

Kerala’s Growing Real Estate Landscape Kerala’s real estate sector has witnessed steady growth, driven by urbanisation, infrastructure development, and increased investor confidence. With the rise of IT hubs, commercial centres, and premium residential projects, the state is emerging as a preferred destination for both homebuyers and businesses. The hospitality and tourism sectors, too, continue to thrive, further encouraging investment in luxury resorts and mixed-use developments.

Brigade Group’s latest investment aligns seamlessly with Kerala’s vision for sustainable and inclusive growth, promising to elevate the state's commercial and residential real estate landscape while generating significant economic benefits.

Brigade Group, a prominent real estate company, has announced plans to invest Rs 15 billion in Kerala as part of its strategic expansion. This significant investment is set to create approximately 12,000 employment opportunities over the next five years, reinforcing the group's commitment to economic and infrastructural development in the region. Brigade Enterprises Ltd, the flagship entity of Brigade Group, has formalised its intent through an Expression of Interest (EOI) submitted at the Invest Kerala Global Summit 2025. The company, in a statement, confirmed its ambitious roadmap for growth within the state. As part of its expansion, Brigade Group proposes to establish its second World Trade Center (WTC) in Kerala. The first WTC in the state, located in Kochi, has already positioned itself as a prime business hub. The addition of another WTC will further strengthen Kerala’s standing in the commercial real estate landscape, attracting businesses and investors to the state. Beyond commercial developments, Brigade is set to diversify its portfolio in Kerala with a new residential project in Kochi and a luxury island resort at Vaikom. The residential project aims to meet the increasing demand for high-quality urban housing, while the premium island resort is expected to enhance Kerala’s tourism appeal, capitalising on the state's natural beauty and its growing reputation as a world-class travel destination. These projects are slated for completion by 2030, with the Kerala government extending regulatory and infrastructural support in accordance with existing legal frameworks. The state’s proactive approach towards attracting private investment, coupled with its strategic location and skilled workforce, makes it an attractive destination for real estate expansion. About Brigade Group Founded in 1986, Brigade Group is one of India’s foremost property developers, known for its expertise in residential, commercial, retail, and hospitality sectors. Headquartered in Bengaluru, the company has successfully developed landmark projects across South India, with a strong presence in cities such as Bengaluru, Mysuru, Hyderabad, Chennai, and Kochi. Brigade Group's diversified portfolio includes premium homes, Grade A office spaces, shopping malls, and luxury hotels, catering to both domestic and international clientele. With a reputation for innovation, sustainability, and quality construction, the group has played a pivotal role in shaping India’s urban infrastructure. Kerala’s Growing Real Estate Landscape Kerala’s real estate sector has witnessed steady growth, driven by urbanisation, infrastructure development, and increased investor confidence. With the rise of IT hubs, commercial centres, and premium residential projects, the state is emerging as a preferred destination for both homebuyers and businesses. The hospitality and tourism sectors, too, continue to thrive, further encouraging investment in luxury resorts and mixed-use developments. Brigade Group’s latest investment aligns seamlessly with Kerala’s vision for sustainable and inclusive growth, promising to elevate the state's commercial and residential real estate landscape while generating significant economic benefits.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..