Brigade Group launches Brigade Altius in Chennai with Revenue Potential of ₹1,700 Crores

Brigade Group has announced the launch of Brigade Altius, a premium residential project with a revenue potential of ₹1,700 crores. Strategically located in Sholinganallur, in the heart of Chennai's dynamic IT corridor, offering seamless connectivity to major business districts. Spanning 6.5 acres, Brigade Altius, with a total development area of 1.4 million square feet, features three signature towers comprising 43 floors each, will be one of the tallest and most prestigious developments in the area. Brigade Altius is poised to redefine luxury living in the city.

Commenting on the launch, Ms. Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. said, "Our focus is on the three big South Indian markets of Bengaluru, Chennai and Hyderabad. Chennai is set to become our second-largest market after Bengaluru, and we aim to double our growth in the city across residential, commercial, retail and hospitality. We have developed the iconic World Trade Center Chennai and, more recently, launched Brigade Icon on Mount Road, our most premium offering. With the launch of Brigade Altius, we continue to strengthen our presence and commitment to Chennai's growth."

Being one of the highest towers along the IT corridor, Brigade Altius rises to a height of approximately 143 meters, offering residents panoramic views of the city and its surrounding landscapes. The apartments are unique in their design, with no shared walls between units, ensuring complete privacy. The towers are connected by a magnificent skybridge. The project also features a grand 50,000 sqft of amenities, designed to cater to a wide range of recreational needs. Residents will have access to world-class amenities and leisure facilities, set amid lush green.

Shares of Brigade Enterprises Limited was last trading in BSE at Rs. 958.25 as compared to the previous close of Rs. 966.45. The total number of shares traded during the day was 6504 in over 755 trades.

The stock hit an intraday high of Rs. 996.20 and intraday low of 955.30. The net turnover during the day was Rs. 6305174.00.

Source : Equity Bulls

Keywords

BrigadeEnterprises INE791I01019 Realty BrigadeAltius PremiumResidentialProject Sholinganallur ChennaiITCorridor