Brigade Group Launches Major Residential Project in Chennai, Targets ₹1700 Crore Revenue

Bengaluru-based real estate giant, Brigade Group, has ventured into the bustling city of Chennai with the launch of its new residential project, Brigade Altius. Positioned in the heart of the city's IT corridor, the project is set to contribute significan

Real EstateResidential ProjectBrigade GroupChennaiSholinganallurReal EstateMar 06, 2025

Brigade Group Launches Major Residential Project in Chennai, Targets ₹1700 Crore Revenue
Real Estate:Bengaluru-based real estate giant, Brigade Group, has announced the launch of its latest residential project, Brigade Altius, in the vibrant city of Chennai. Situated in Sholinganallur, a prime location within Chennai's IT corridor, the project is expected to generate a robust revenue of ₹1700 crore. This move underscores the company's strategic expansion and its commitment to delivering high-quality residential solutions in key markets.

Brigade Altius spans an impressive area and comprises a mix of luxury apartments, penthouses, and villas. The project is designed to cater to the growing demand for premium living spaces in the city, particularly among professionals and tech-savvy individuals. With state-of-the-art amenities and a focus on sustainable living, Brigade Altius is poised to set new benchmarks in the real estate sector.

Sholinganallur, the chosen location for Brigade Altius, is renowned for its well-established IT and business infrastructure. The area has seen significant growth over the years, attracting numerous tech companies and multinational corporations. This has led to a surge in the demand for high-end residential properties, making it an ideal location for Brigade Group to make its mark.

The project is expected to be completed in phases, with the first phase scheduled to be ready in the next two years. Brigade Group has promised to adhere to the highest standards of construction and ensures that the project will be delivered on time. The company has also emphasized its commitment to environmental sustainability, incorporating green building practices and energy-efficient technologies throughout the project.

Brigade Group, founded in 1986, is one of India's leading real estate developers. Known for its innovative projects and customer-centric approach, the company has a strong presence in major cities across the country. With a diverse portfolio that includes residential, commercial, and retail projects, Brigade Group has consistently delivered high-quality developments that meet the needs of modern lifestyles.

The launch of Brigade Altius in Chennai is a significant step for the company, as it looks to tap into the growing real estate market in the city. Chennai, with its robust economy and thriving IT sector, offers immense potential for real estate developers. Brigade Group's entry into this market is expected to bring a fresh wave of luxury and innovation to the residential landscape of the city.

Homebuyers can look forward to a range of amenities at Brigade Altius, including world-class swimming pools, state-of-the-art gyms, lush landscaping, and modern recreational facilities. The project also features advanced security systems and 24/7 maintenance services, ensuring a safe and comfortable living environment for residents.

In conclusion, the launch of Brigade Altius in Chennai marks a significant milestone for Brigade Group. With its strategic location, premium offerings, and commitment to sustainability, the project is set to become a benchmark in the city's real estate sector. Interested individuals and investors are encouraged to explore the opportunities at Brigade Altius, which promises to deliver a premium living experience in the heart of Chennai's IT hub.

Frequently Asked Questions

What is Brigade Altius?

Brigade Altius is a new residential project launched by Brigade Group in Sholinganallur, Chennai. It includes luxury apartments, penthouses, and villas, designed to cater to the growing demand for premium living spaces.

Where is Brigade Altius located?

Brigade Altius is located in Sholinganallur, which is in the heart of Chennai's IT corridor. This area is known for its well-established IT and business infrastructure.

What is the expected revenue from Brigade Altius?

Brigade Group aims to generate a revenue of ₹1700 crore from the Brigade Altius project, highlighting its significance in the company's portfolio.

What amenities are included in Brigade Altius?

Brigade Altius offers a range of amenities such as world-class swimming pools, state-of-the-art gyms, lush landscaping, modern recreational facilities, advanced security systems, and 24/7 maintenance services.

When is the first phase of Brigade Altius expected to be ready?

The first phase of Brigade Altius is scheduled to be completed and ready for occupation in the next two years.

Related News Articles

What's Next for Real Estate? Expectations from the New Government
Real Estate Mumbai

What's Next for Real Estate? Expectations from the New Government

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

June 5, 2024
Read Article
Improving Response to Surveys from High-Income Groups: A Collaborative Effort
Real Estate

Improving Response to Surveys from High-Income Groups: A Collaborative Effort

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

September 20, 2024
Read Article
Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India
real estate news

Mahesh Jethmalani on Adani Case: No Allegation of Bribery in India

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

November 27, 2024
Read Article
Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023
Real Estate

Analysts Bullish on HUDCO, Anant Raj, and Other Top Stocks for 2023

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

December 17, 2024
Read Article
Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit
Real Estate

Vishal Garg Shuts Down and Lays Off Better.com's Real Estate Unit

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

February 11, 2025
Read Article
Mumbai Real Estate Market Shows Signs of Stability and Growth
Real Estate Maharashtra

Mumbai Real Estate Market Shows Signs of Stability and Growth

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.

March 9, 2025
Read Article