Brigade Enterprises Ltd has signed Joint Development Agreement for upcoming premium residential projects in West Chennai. The development is spread across 6.6 acres land parcel. The estimated Gross Development Value (GDV) of the project is Rs 1,000 crore
Commenting on the agreement, Ms. Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said, “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. Chennai's real estate market is on a strong growth trajectory, driven by robust infrastructure and sustained demand from both end-users and investors. This new residential development reinforces our goal of securing marquee land parcels in prime locations to deliver integrated, high-quality projects that meet the demands of Chennai's discerning homebuyers.