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Realty firm Brigade Enterprises has signed an agreement to jointly develop a 5.6-acre housing project in Hyderabad with an estimated revenue of Rs 850 crore. In a regulatory filing on Monday, the company said it has signed a Joint Development Agreement (JDA) to develop a premium residential project on a land parcel spanning 5.6 acres at Kompally, Hyderabad. The company did not name the landowner with whom it has signed the JDA. "The project will have an estimated revenue potential of Rs 850 crore," it added. Brigade Enterprises said it would continue to acquire land parcels in Hyderabad as it is an important market for the company's overall growth. The company would deploy around Rs 5,000 crore across residential, commercial, hospitality and retail over the next 3-4 years. Established in 1986, Bengaluru-based Brigade Group is one of India's leading property developers. It has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT ...
Realty firm Brigade Enterprises Ltd is expecting a revenue of more than Rs 1,100 crore from a new housing project in Bengaluru. In a regulatory filing on Wednesday, the company said it has launched 'Brigade Belvedere', a 10.75-acre residential development in East Bengaluru. This initial phase of the project comprises 773 premium residential units with an estimated revenue potential exceeding Rs 1,100 crore, it added. Established in 1986, Brigade Group is one of India's leading property developers. It has developed many housing, commercial and hospitality projects. The company has presence in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City.
Realty firm Brigade Enterprises Ltd has reported a 12 per cent growth in its sales bookings to Rs 2,034 crore during the second quarter of this fiscal year on better demand. Its sales bookings stood at Rs 1,821 crore in the year-ago period. According to its latest investors presentation, Brigade Enterprises achieved pre-sales of Rs 2,034 crore in the July-September quarter. "Presales volume for Q2 FY26 stood at 1.90 million square feet, a growth of 13 per cent over Q2 of FY25," it said. Out of the total sales bookings of Rs 2,034 crore in the September quarter, Brigade said that housing segment contributed Rs 1,795 crore while commercial properties Rs 239 crore. Recently, Brigade Enterprises reported a 37 per cent increase in consolidated net profit at Rs 162.5 crore for the September quarter of this fiscal. Its net profit stood at Rs 118.98 crore in the year-ago period. Total income rose to Rs 1,429.86 crore in July-September FY26 from Rs 1,138.13 crore a year ago. "We are ent
Realty firm Brigade Enterprises Ltd has reported 37 per cent increase in consolidated net profit at Rs 162.5 crore for the September quarter of this fiscal. Its net profit stood at Rs 118.98 crore in the year-ago period. Total income rose to Rs 1,429.86 crore in July-September FY26 from Rs 1,138.13 crore a year ago, according to a regulatory filing. "We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business. Operational performance has also grown substantially since the prior year, and business sentiment remains positive," said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. Established in 1986, Brigade Group is one of India's leading property developers in the country. Brigade has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. It develo
Brigade Hotel Ventures Ltd has posted a consolidated net profit of Rs 7.16 crore in the first quarter of this fiscal. The company, which recently got listed on the stock exchanges after the successful Rs 760 crore IPO ( Initial Public Offering), had posted a net loss of Rs 5.78 crore in the year-ago period. Total income rose to Rs 125.03 crore in the April-June period of 2025-26 fiscal from Rs 102.20 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. Brigade Hotel Ventures Ltd, a subsidiary of realty firm Brigade Enterprise, has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. Commenting on the results, Nirupa Shankar, Managing Director, Brigade Hotel Ventures, said, "Our Q1 performance reflects the strength of our diversified portfolio and our ability to navigate market challenges while capturing new ...
Shares of Brigade Hotel Ventures Ltd on Thursday ended with a discount of over 5 per cent against the issue price of Rs 90. The stock began trading at Rs 82, down 8.88 per cent from the issue price on the BSE. During the day, it tumbled 9.45 per cent to Rs 81.49. Shares of the firm ended at Rs 85.40 apiece, a decline of 5.11 per cent. On the NSE, the stock started trading at Rs 81.10, a discount of 9.88 per cent. Shares of the firm ended at Rs 85.32, down 5.2 per cent. The company's market valuation stood at Rs 3,243.86 crore. The initial share sale of Brigade Hotel Ventures Ltd fetched 4.48 times subscription on the closing day of bidding on Monday. The initial public offering (IPO) had a price band of Rs 85-90 per share. Brigade Hotel Ventures' IPO was entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for-sale (OFS) component. Proceeds from the issue to the tune of Rs 468.14 crore will be used for the payment of debt, Rs 107.52 crore will be utilised f