Brigade Enterprises Unveils ₹950 Crore Residential Project in Bengaluru

has launched Brigade Lakecrest, a premium residential project on Old Madras Road, Bengaluru, with a revenue potential of about ₹950 crore. Spread across 9.33 lakh sq. ft. under a joint development model, the project will feature 604 residences across 1, 2, and 3 BHK configurations, located close to major hubs like Whitefield, Marathahalli, and Indiranagar. Scheduled for completion by March 2030 and already RERA-approved as of June 2025, the project reinforces Brigade’s strong footprint in Bengaluru’s fast-growing submarkets. The announcement follows the company’s recent entry into Chennai with a long-term lease for a seven-acre mixed-use project. Financially, Brigade reported a solid Q1FY26 with net profit up 79% YoY to ₹150 crore, revenue rising 18.9% to ₹1,281 crore, and EBITDA growing 11% to ₹323.9 crore—highlighting both operational momentum and strategic expansion. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.