11 Jul, EOD - Indian

Nifty 50 25149.85 (-0.81)

Nifty Bank 56754.7 (-0.35)

Nifty Pharma 22225.9 (0.68)

SENSEX 82500.47 (-0.83)

Nifty Midcap 100 58642.2 (-0.88)

Nifty Smallcap 100 18763.45 (-1.02)

Nifty IT 37693.25 (-1.78)

Nifty Next 50 67965.55 (-0.81)

11 Jul, EOD - Global

NIKKEI 225 39569.68 (-0.19)

HANG SENG 24139.57 (0.46)

S&P 6312 (-0.38)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(23 Jun 2025, 08:17)

Brigade Ent launches Rs 2,100 cr residential project in Chennai

Brigade Enterprises has announced the launch of its residential project, Brigade Morgan Heights, in Chennai, with gross development value (GDV) of Rs 2,100 crore.


The said project is located along the Sholinganallur-Medavakkam road in Chennai. With a gross development value of approximately Rs 2,100 crore, project spans 14.7 acres, features three towers housing thoughtfully designed units comprising of 2, 3 and 4 BHK apartments with sizes extending up to 2,599 sq. ft.

The project has a total development potential of 2.2 million square feet. This project will set new benchmarks for integrated residential communities and will be developed under a joint development agreement (JDA), reinforcing Brigade Group’s commitment to deliver landmark projects that redefine urban living in the city. The 1,250 unit development is strategically located just 150 meters from the upcoming Classical Tamil Institute Metro Station, ensuring exceptional connectivity to Chennai’s thriving IT hubs, including Elcot IT Park, Wipro, and Cognizant—all within a 10-minute radius.

Pavitra Shankar, managing director, Brigade Enterprises, said, “Chennai continues to be a vital market for Brigade Group, and this expansion aligns with our vision of delivering high-quality residential developments in upcoming urban corridors. We will continue to actively identify opportunities to develop landmark projects that cater to diverse residential needs with sustainable and community-driven development. Our expansion strategy is built on a strong foundation of delivering excellence in real estate, with a balanced mix of residential, commercial, and mixed-use developments. With its prime location, proximity to IT hubs, and a serene green backdrop, Brigade Morgan Heights will offer an unparalleled living experience. We remain committed to creating spaces that seamlessly integrate comfort, sustainability, and modern living.”

Brigade Enterprises is one of India’s leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels.

The company reported a 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025.

The counter rose 0.95% to settle at Rs 1,144.55 on the BSE.

More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +