Brigade Enterprises Launches Luxurious Residential Project in Bengaluru, Shares Surge 3%
Real Estate, Realty, Housing, Residential Project, Bengaluru
Real EstateResidential ProjectBengaluruBrigade EnterprisesIndia Property MarketReal Estate NewsJun 28, 2024
The project is equipped with modern amenities including a swimming pool with a kid's section, spa, fitness studio, sports facilities like squash and badminton courts, a clubhouse with a gala hall and multimedia room, and beautifully landscaped terraced lawns and sky gardens. Apartments at Brigade Insignia are priced between Rs. 3 crore and Rs. 9 crore, targeting completion by June 2029.
Brigade Enterprises, established in 1986, is a leading property developer in India with over three decades of expertise in developing landmark properties across South India, spanning residential, commercial, retail, hospitality, and education sectors. With over 275 buildings completed, totaling more than 80 million sq. ft. of developed space, the company holds a market capitalization of Rs 31,396.33 crore according to the Bombay Stock Exchange (BSE).
Following the launch, Brigade Enterprises' shares surged 3.13%, reaching an intraday high of Rs 1,387.25 per share. At 9 56 AM, shares of Brigade Ent were trading 0.78% higher at Rs 1,355.50 per share, while the BSE Sensex was trading at record levels, up 0.50% at 79,639.51 levels.
Frequently Asked Questions
What is the name of the new residential project launched by Brigade Enterprises?
The new residential project launched by Brigade Enterprises is called 'Brigade Insignia'.
Where is Brigade Insignia located?
Brigade Insignia is located in Yelahanka, Bengaluru.
What is the revenue potential of Brigade Insignia?
The revenue potential of Brigade Insignia is Rs 1,100 crore.
What is the price range of apartments at Brigade Insignia?
Apartments at Brigade Insignia are priced between Rs. 3 crore and Rs. 9 crore.
What is the expected completion date of Brigade Insignia?
The expected completion date of Brigade Insignia is June 2029.
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