Brigade to invest in Bengaluru and Chennai

19 Feb 2024 CW Team

Bengaluru-based listed real estate company Brigade Group plans to launch more than 6.5 mn sq ft of residential projects this fiscal, predominantly in Bengaluru and Chennai that are likely to entail an investment of around Rs 2,700 crore, said Pavitra Shankar, Managing Director, Brigade Enterprises Limited.

"This financial year we would be launching close to 6.5 mn sq ft primarily in Bengaluru. The company has so far launched 4 mn sq ft in Bengaluru across different submarkets In the coming four quarters, we look to launch projects in Hyderabad and Chennai in addition to Bengaluru," she said.

Brigade Enterprises, which recently posted a profit of Rs. 56 crore, has a presence in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru across residential, office, retail and hotels.

Asked if the company has plans to expand to Delhi-NCR or Mumbai, Shankar told HT Digital that the company plans to focus on South India for now "as we have invested here in terms of having a presence and creating a network. When we enter a market, we want to be present across segments - office, retail, residential and hospitality. We much rather go deep into a market rather than spread across one-off projects in multiple markets.?

Infrastructure Energy

08 Sep 2025

Andhra Pradesh Fast-Tracks Rs 149.6 Billion Power Network

Andhra Pradesh Energy Minister Gottipati Ravi Kumar announced on Wednesday that the state is accelerating a Rs 149.6 billion transmission network expansion to meet rising electricity demand.At a review meeting with APTRANSCO officials, the minister stressed the need for quality execution, strict monitoring, and timely delivery of projects across the 400 kV, 220 kV, and 132 kV grids. He set a goal of completing Rs 60 billion worth of projects by 2027, with regular reviews to address implementation challenges.Priority will be given to port-linked infrastructure, industrial zones, and the capital..

PSA Mumbai Doubles Capacity to 4.8m TEUs With Phase 2

Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong on Thursday virtually inaugurated Phase 2 of the Bharat Mumbai Container Terminal (PSA Mumbai), developed by PSA International at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.With the commissioning of Phase 2, PSA Mumbai has doubled its annual handling capacity to 4.8 million TEUs, making it India’s largest container terminal. The terminal, spanning 2,000 metres of continuous quay length, has been designed to handle multiple mega container vessels simultaneously, supporting both domestic and global trade f..

JNPA Doubles Container Capacity With Rs 79.2 Billion Terminal

In a major boost to India’s maritime infrastructure, Prime Minister Narendra Modi and Singaporean Prime Minister Lawrence Wong virtually inaugurated the second phase of the PSA Bharat Mumbai Container Terminal (BMCT) at Jawaharlal Nehru Port Authority (JNPA) on Thursday.With this commissioning, BMCT becomes India’s largest standalone container terminal, doubling its handling capacity from 2.4 million TEUs to 4.8 million TEUs (twenty-foot equivalent units). This milestone also establishes JNPA as the country’s largest container port by capacity.The Rs 79.2 billion project was developed un..