In a landmark move signaling its expansion ambitions, Brigade Enterprises Limited has inked a Joint Development Agreement (JDA) to develop a premium residential project on a 6.6-acre parcel in West Chennai, with an estimated Gross Development Value (GDV) of ₹1,000 crore.
Positioned along a major arterial corridor, the site offers strategic connectivity to Chennai’s industrial zones and peripheral business districts. Brigade intends to deliver a project with thoughtfully designed apartments, lifestyle amenities, and ESG-aligned infrastructure, subject to regulatory approvals. The expected launch is scheduled for 2026.
“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,” noted Ms. Pavitra Shankar, Managing Director of Brigade Enterprises. She added that Chennai’s real estate market is being propelled by strong infrastructure growth and steady demand from both end users and investors. She further emphasized Brigade’s strategy of acquiring marquee land parcels in prime localities to create integrated, high-quality developments for discerning buyers.
This announcement was made public in a corporate filing to both the National Stock Exchange and BSE, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. The company submitted the press release in tandem with the disclosure, underlining the importance of transparency in its communications.
Brigade Group, established in 1986, has built a presence across several major cities including Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. Its portfolio spans residential, office, retail, and hospitality segments.
With this new venture in West Chennai, Brigade pledges to further strengthen its footprint in Tamil Nadu, reinforcing its aim to deliver landmark developments across India.
