Brigade Enterprises Targets Rs 225 Cr Revenue from New Bengaluru Housing Project

NEW DELHI, Aug 9: Realty firm Brigade Enterprises Ltd is aiming for more than Rs 225 crore in revenue from the sale of residential plots in its new project in Bengaluru. This ambitious project, named ‘Brigade Cherry Blossom,’ is located in Malur, East Bengaluru, and is a joint venture. The development comprises 338 housing plots spread over 20 acres and 11 guntas, offering a total development area of 4.51 lakh sq ft.

With a projected revenue potential exceeding Rs 225 crore, the project is poised to be a significant addition to the real estate landscape in Bengaluru. According to Pavitra Shankar, Managing Director of Brigade Enterprises, Malur is an evolving micro-market and an upcoming residential hub. “This development reflects our commitment to delivering high-quality and sustainable projects to our customers,” he said.

Established in 1986, Brigade Group has a rich history of developing housing, commercial, and hospitality projects across South India. The company’s focus on quality and sustainability has made it a trusted name in the real estate industry. The launch of ‘Brigade Cherry Blossom’ is a testament to the company’s ongoing commitment to expanding its footprint in key markets and meeting the growing demand for residential properties in Bengaluru.

The project is strategically located in Malur, which is rapidly transforming into a preferred residential area due to its proximity to major commercial hubs and excellent connectivity. The residential plots at ‘Brigade Cherry Blossom’ are designed to cater to a wide range of homebuyers, from first-time buyers to those looking for larger family homes. The project is expected to attract significant interest from both local and outstation buyers, driven by the growing economic activities in the region and the high demand for quality living spaces.

Brigade Enterprises has a proven track record of delivering successful projects and has consistently met its financial targets. The company’s strong financial health and robust project management capabilities are expected to ensure the timely completion and successful execution of ‘Brigade Cherry Blossom.’ With the real estate market in Bengaluru showing strong growth, the project is well-positioned to achieve its revenue targets and contribute to the company’s overall growth and profitability.