Former hospitality and real estate professional Siddharth Verma has been appointed general manager (GM) to oversee the planned expansion of BuzzWorks
Realty firm Brigade Enterprises will launch 10 housing projects this fiscal across Bengaluru and Chennai with an estimated construction cost of Rs 3,000 crore as it looks to encash rising demand for residential properties, its MD Pavitra Shankar said. In an interview with PTI, she sounded extremely bullish on India's residential market and said the company would like to grow housing sales by 15-20 per cent during the current 2023-24 fiscal. "Overall, the last financial year was very good, primarily driven by our residential and hospitality business. Things in retail were also very good and office was quite stable," Pavitra said. Bengaluru-based Brigade Enterprises achieved a record sales bookings of Rs 4,109 crore, mostly housing with small portion of commercial properties, a 36 per cent growth from the 2021-22 financial year. In terms of area also, sales bookings grew by 34 per cent to a record 6.3 million square feet. "I think it's reflective of general demand by customers," sh
'If there is an IT slowdown, we see demand consolidating with branded, listed players like ours as a flight to quality'
Some of the Revlon Inc. creditors who were accidentally sent more than $900 million by Citigroup Inc. asked a federal appeals court for a rehearing, after it ruled that they had to give the money back
Listed players such as Brigade, Sobha, Puravankara seek reduction across all budget segments
Prestige Estates Projects Ltd has partnered with Brigade group to jointly develop a commercial project, comprising a shopping mall and a hotel, in Bengaluru
The 14-storeyed Rs 2.5-billion project, which is coming up in Gujarat International Finance-Tec (GIFT) City, will have the National Stock Exchange (NSE) as its anchor tenant