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Brigade Enterprises acquires prime land in Chennai and Bengaluru

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Capital Market

With a total revenue potential of Rs 4000 cr in next 4-5 years

Brigade Enterprises has signed definitive agreements for prime land parcels in Chennai and Bengaluru, which have a total revenue potential of Rs 4000 crore in the next 4-5 years.

The agreement to purchase the Mount Road Property in Chennai from the TVS Group has a potential 1 million sft of mixed used development comprising of office, retail and residential. The Bengaluru joint development property located close to the international schools, near Sarjapur Road has a development potential of over 2 million sft of residential apartments.

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First Published: Aug 09 2022 | 7:48 PM IST

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