According to the agreement, it will develop a 2.5 million square feet, high- rise residential project, spread across 16 acres in Perambur, Chennai with a revenue potential of about Rs 2,000 crore.

Brigade Hotel Ventures, a wholly owned subsidiary of Brigade Ent has signed a 45-year lease agreement with the landowners to build a 250-room resort on East Coast Road (ECR) in Chennai.

Pavitra Shankar, managing director said, “Bengaluru, Chennai, and Hyderabad are key focus markets for Brigade and this strategic expansion in the residential and hospitality sectors are an integral part of the overall growth plan. The residential sector is showing sustained growth across the country, with Chennai gaining momentum from the increased presence of IT/ITeS, BFSI, manufacturing, automotive, and ...

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