Brigade Group has announced a new joint development agreement (JDA) to undertake a substantial residential project in West Chennai. This residential development, set to span approximately one million square feet, will be part of a larger mixed-use development that encompasses a total of 1.5 million square feet. The project is projected to have a Gross Development Value (GDV) of around ₹800 crore.
The planned residential segment aims to cater to the growing demand in West Chennai, a rapidly developing area of the city. The larger mixed-use development will integrate commercial, retail, and hospitality spaces, contributing to a vibrant urban environment.
Pavitra Shankar, Managing Director of Brigade Enterprises Limited, commented, “This joint development agreement for a 1 million sq ft residential development, forming part of a larger mixed-use development, underscores our commitment to the city’s growth and our vision to deliver world-class residential, commercial, retail, and hospitality spaces. Our commitment to quality and innovation ensures that each property we develop not only meets but exceeds customer expectations, providing a premium experience.”
This agreement highlights Brigade Group’s ongoing expansion and commitment to establishing high-quality residential and commercial spaces across South India, including in cities like Bengaluru, Mysuru, Hyderabad, and Kochi.
About Brigade Group
Founded in 1986, Brigade Group is a prominent property developer with a strong presence in South India. Known for its expertise in residential, commercial, retail, and hospitality projects, Brigade Group has developed numerous landmark buildings, shaping the urban landscapes of major South Indian cities.
