Brigade to develop Rs 600 cr residential complex in Velachery

13 Sep 2024 CW Team

Brigade Group is set to develop a ?600 crore residential complex in Velachery, Chennai. The project will span approximately 9 acres, offering a mix of residential units designed to cater to the growing demand for quality housing in the city. This development is part of Brigade’s ongoing expansion into key markets across India.

The residential complex will feature modern amenities and focus on providing a premium lifestyle to its residents. The Velachery project is strategically located, offering easy access to essential facilities like schools, hospitals, and shopping centers, making it an attractive choice for homebuyers.

Brigade Group, known for its quality construction and timely delivery, continues to strengthen its position in the Indian real estate market. The company has been active in both the residential and commercial real estate sectors, expanding its footprint in major cities across the country.

This new development aligns with Brigade's vision of creating integrated urban living spaces that blend convenience, comfort, and modernity. The project is expected to be completed within a few years, further boosting the housing supply in Chennai’s fast-growing real estate market.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..