Prøve GULL - Gratis

Brigade Group acquired 5.41 acre parcel for Rs 441.70 cr in Chennai

Capital Information

May 16, 2025

Brigade Enterprises Limited, the flagship company of Brigade Group and a leading real estate developer headquartered in Bengaluru, said it has acquired a prime 5.41 acre land parcel in Velachery, Chennai ? one of the city's most sought-after micro-markets.

The deal was facilitated by Knight Frank India, the exclusive transaction advisor, the company said in a release.

The project will have a gross development value (GDV) of around Rs 1,600 crore, with a development potential of 0.8 million square feet.

The transaction value of the acquisition is Rs 441.70 crores.

This land acquisition marked another milestone in Brigade's aggressive expansion strategy for Chennai, which is now the group's second-largest market after Bengaluru.

Strategically positioned, the project will offer seamless connectivity to both the IT Corridor of OMR and the Central Business District (CBD), making it an ideal choice for those seeking convenience and accessibility.

Denne historien er fra May 16, 2025-utgaven av Capital Information.

Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.

Allerede abonnent? Logg på

FLERE HISTORIER FRA Capital Information

Vis alle

Capital Information

Iconic, unique design for upcoming T-Square at Raidurg : Revanth

Chief Minister A. Revanth Reddy directed officials to consider vibrant and unique designs for the proposed T-Square, making it an iconic structure and a happening place for Hyderabad.

1 min

October 12, 2025

Capital Information

Revanth raises concerns over recent US tariff hikes, increase in H-1B visa fee

Chief Minister A. Revanth Reddy expressed concerns over the United States’ recent moves to increase tariffs on Indian goods and to raise the H-1B visa fee.

1 min

October 10, 2025

Capital Information

MP Eatala inaugurates industrial cluster building

Malkajgiri MP Eatala Rajender today inaugurated the Balanagar Engineering Cluster Administration Building of the Navjeevan Nagar Micro Industrial Association at Geethanagar in Medchal-Malkajgiri district.

1 min

October 10, 2025

Capital Information

Telangana roads set for major overhaul under HAM model:Komatireddy

Telangana is poised for a major transformation in its road infrastructure with the implementation of the Hybrid Annuity Model (HAM) across the state.

1 min

October 10, 2025

Capital Information

Congress Ministers Ponnam Prabhakar and Adluri Laxman reconcile after meeting mediated by PCC chief

The rift between Telangana Ministers Ponnam Prabhakar and Adluri Laxman Kumar came to an amicable end on Wednesday following a conciliatory meeting initiated by Telangana Pradesh Congress Committee (TPCC) President and MLC Mahesh Kumar Goud at his residence.

2 mins

Oct 9 Issue

Capital Information

AP CM reviews arrangements for PM’s upcoming visit

: Andhra Pradesh Chief Minister N Chandrababu Naidu here on Wednesday reviewed the arrangements being made for Prime Minister Narendra Modi's Srisailam visit, scheduled on October 16.

1 min

Oct 9 Issue

Capital Information

KTR slams CM Reddy for ‘heartless negligence’ as Gurukul Schools face closure over unpaid rents

BRS Working President K T Rama Rao launched a sharp attack on Chief Minister A Revanth Reddy on Wednesday, accusing the Congress government of allowing Telangana’s prestigious Welfare Gurukul Educational Institutions—once considered a model for the entire nation—to reach the brink of closure due to nonpayment of building rents.

1 mins

Oct 9 Issue

Capital Information

Mumbai to become Global Financial Powerhouse : Modi

Prime Minister Narendra Modi has pledged to transform Mumbai, the country's financial capital, into one of the world's leading financial powerhouses.

2 mins

Oct 9 Issue

Capital Information

Centre committed to hassle-free cotton procurement: Kishan Reddy

Union Minister G Kishan Reddy said the Central government is fully committed to ensuring smooth and transparent cotton procurement across Telangana, promising that cotton will be purchased “up to the last kilogram” without causing inconvenience to farmers.

1 mins

Oct 9 Issue

Capital Information

Telangana : DGC constituted for Jubilee Hills bye-election

As part of the arrangements for the Jubilee Hills Assembly Constituency bye-election, the District Election Officer and GHMC Commissioner, R V Karnan, has constituted a District Grievance Committee (DGC) in accordance with the guidelines of the Election Commission of India.

1 min

Oct 8 Issue