Brigade Group Secures 7-Acre Site in Chennai for Mixed-Use Development
Bengaluru-based real estate developer Brigade Group has signed a lease agreement for a 7-acre prime site in Chennai to develop a mixed-use project featuring over 1 million sq ft of Grade A office space and a 225-key 5-star hotel.
Brigade GroupChennai Real EstateMixeduse DevelopmentOmr5star HotelReal Estate NewsAug 23, 2025
The company will develop the site into a mixed-use destination featuring over 1 million sq ft of Grade A office space along with a 225-key 5-star deluxe hotel. The space is located on Old Mahabalipuram Road (OMR), one of Chennai’s most prominent commercial corridors.
The project is strategically located in the Tharamani–OMR belt, a corridor that has emerged as Chennai’s IT and innovation hub. This area is home to global technology firms, leading educational institutions, hospitals, retail centers, and large residential developments, making it a prime location for such a development.
Pradyumna Krishna Kumar, Executive Director, Brigade Enterprises Limited, said the project aligns with the company’s long-term growth strategy. “Chennai continues to be a key component of our growth strategy, and this long-term lease underscores our commitment to strengthening our presence in the city’s most promising corridors. With over 1 million sq ft of premium office space and a flagship 5-star deluxe hotel, this project reflects our vision to create high-value, future-ready assets that elevate Chennai’s urban and commercial landscape,” he said.
In June, Brigade Group announced a residential project in South Chennai with a gross development value (GDV) of ₹2,100 crore. The project is located on the Sholinganallur–Medavakkam corridor in South Chennai, spread across 14.7 acres with a potential for 2.2 million sq ft of premium apartments.
The project named Brigade Morgan Heights is strategically positioned just 150 meters from the upcoming Classical Tamil Institute Metro Station and ensures smooth connectivity to key IT parks, including ELCOT, Wipro, and Cognizant, each reachable within a mere 10-minute drive, significantly enhancing its appeal for working professionals.
In May, the Group acquired a 5.41-acre land parcel in Chennai's Velachery Road for ₹441 crore to develop a housing project. The residential project will have a gross development value (GDV) of approximately ₹1,600 crore, with a development potential of about 0.8 million square feet.
Frequently Asked Questions
What is the size of the site leased by Brigade Group in Chennai?
Brigade Group has leased a 7-acre prime site in Chennai for a mixed-use development project.
What will the development on the 7-acre site include?
The development will feature over 1 million sq ft of Grade A office space and a 225-key 5-star deluxe hotel.
Where is the development located?
The development is located on Old Mahabalipuram Road (OMR) in the Tharamani–OMR belt, a prominent commercial corridor in Chennai.
What is the strategic importance of the Tharamani–OMR belt?
The Tharamani–OMR belt is an IT and innovation hub with global technology firms, leading educational institutions, hospitals, retail centers, and large residential developments.
What other projects has Brigade Group announced in Chennai recently?
In June, Brigade Group announced a residential project in South Chennai with a GDV of ₹2,100 crore, and in May, they acquired a 5.41-acre land parcel in Velachery Road for ₹441 crore to develop a housing project.
Related News Articles
Jennifer Lopez and Ben Affleck's Luxurious $60 Million Beverly Hills Mansion Revealed
Get a glimpse into the lavish lifestyle of Jennifer Lopez and Ben Affleck as their stunning $60 million Beverly Hills mansion makes headlines once again.
K Raheja Corp Acquires 5.75 Acres in Mumbai for ₹466 Crore to Develop Residential Project
K Raheja Corp has agreed to purchase a 5.75-acre land parcel in Mumbai for ₹466 crore, with plans to develop a high-end residential project.
Sterling Real Estate Trust Secures $10M Revolving Note to Boost Property Investments
Sterling Real Estate Trust, a prominent player in the real estate sector, has entered into a $10 million revolving note agreement to enhance its property investment capabilities. This strategic move is expected to bolster the Trust's financial flexibility
Birla Estates' Birla Arika Project in Gurugram Sees Strong Response
Birla Estates' luxury real estate project, Birla Arika, in Gurugram has seen a tremendous response from buyers. This milestone highlights the company's strong presence in the Indian luxury real estate market and its commitment to delivering high-quality,
MahaREAT – Uncompleted Projects Without Completion Certificate Treated as Ongoing
The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has ruled that real estate projects, even without a completion certificate, will be treated as ongoing if they are being actively worked on. This decision has significant implications for developers and homebuyers in the state.
Country Condos Ltd Struggles with Decreasing Investor Interest
Country Condos Ltd, a microcap player in the construction and real estate industry, is facing significant trading challenges due to declining investor participation. The company, known for its innovative condo projects, is now exploring new strategies to regain investor confidence and reinvigorate its market presence.