You are currently viewing Brigade Enterprises Unveils Rs 2,700 Crore Housing Project in Bengaluru
Image is used for information purposes only. Picture Credit: https://newsonprojects.com/

Brigade Enterprises Unveils Rs 2,700 Crore Housing Project in Bengaluru

Key Facts: 

Brigade Enterprises Ltd is an Indian real estate and property development company that is based in Bangalore. 

The Group has operations in Mangalore, Mysore, Chennai, Kochi, Hyderabad, Chikmagalur and Ahmedabad. 

Prime Highlights: 

Brigade Enterprises has launched a new residential project, Brigade Eternia, in Yelahanka, Bengaluru. 

The project is expected to generate Rs 2,700 crore in revenue. 

The project targets the emerging North Bengaluru market, particularly Yelahanka, identified as a key area for growth.  

Key Background: 

Brigade Enterprises has launched a new residential project, Brigade Eternia, in Yelahanka, Bengaluru, with a projected revenue potential of Rs 2,700 crore. The project, spanning 14.65 acres, will feature 1,124 residential units, offering a total built-up area of approximately 20 lakh square feet. Scheduled for completion by March 31, 2030, Brigade Eternia aims to cater to the growing demand in North Bengaluru, an area identified as having substantial growth potential. 

Pavitra Shankar, Managing Director of Brigade Enterprises, emphasized Yelahanka’s emergence as a key micro-market with significant development opportunities. The real estate firm, established in 1986, has a strong presence in South India and continues to expand its footprint with large-scale projects. 

This move comes amid mixed trends in the real estate sector. According to PropEquity data, housing sales in Bengaluru declined by 9% in 2024, falling to 60,506 units from 66,600 units in 2023. Despite this, Brigade Enterprises remains optimistic about the demand for residential properties in the region. 

Brigade’s strategic focus on high-growth areas like Yelahanka reflects its confidence in the long-term prospects of the Bengaluru real estate market, even as the industry faces short-term challenges. The company’s diversified portfolio and commitment to quality development positions it well to meet evolving market needs.