The Top 50 Real State & Infra Company- RANK 25, Brigade Group, MR Jaishankar, CMD
Bengaluru-based Brigade Enterprises plans to spend up to Rs 10,000 crore to double project launches across verticals, including residential, commercial and hospitality, in the next three years. The company has lined up around 20 million sq-ft of residential space to be developed in the next three years in south India, including in Bengaluru, Chennai and Hyderabad. In the past three years, it launched around 10 million sq-ft.
Brigade Enterprises already has a partnership with Singapore -based private equity firm GIC Singapore Brigade under which each party will invest Rs 750 crore for land purchases. The platform has concluded signed land deals, two in Bengaluru and one Chennai.
The company has re-entered ownership offices business, launched three projects in Bengaluru and has plans to launch three more by the end of this year. Brigade began its business operations as a builder by constructing Brigade Towers in Bengaluru in 1986. The project was executed on ownership concept.
The company has re-entered ownership offices business, launched three projects in Bengaluru and has plans to launch three more by the end of this year.