Brigade Signs JDA For Rs 10 Billion Chennai Project
Real Estate

Brigade Signs JDA For Rs 10 Billion Chennai Project

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement