Latest news with #BrigadeAvalon
Hindustan Times
a day ago
- Business
- Hindustan Times
Brigade Group launches luxury residential project in Bengaluru, eyes ₹1,000 crore revenue
Bengaluru-based listed real estate developer Brigade Group has launched an ultra-premium residential project, Brigade Avalon, in Bengaluru's Whitefield, the company said in a statement. With a development area of approximately 6.4 lakh square feet, the project is expected to generate revenue of over ₹1,000 crore. Brigade Group has launched Brigade Avalon, an ultra-premium residential project in Whitefield, Bengaluru, with a projected revenue of over ₹ 1,000 crore. (Representational Image)(File Photo ) Spread across 4.36 acres on Whitefield Main Road, Brigade Avalon will offer 206 3BHK and 4BHK homes. It also includes flexible home-office spaces in line with evolving hybrid work trends. 'The launch of Brigade Avalon marks a significant step in our strategic growth roadmap for Bengaluru and reinforces our commitment to shaping the future of urban living across South India,' said Pavitra Shankar, managing director, Brigade Enterprises Limited. 'Whitefield is a high-priority micro-market for us, and with Avalon, we are introducing a thoughtfully designed community with premium amenities and long-term value.' The project also includes a clubhouse equipped with high-end amenities for all age groups. Also Read: Brigade Group to develop its first plotted development in East Bengaluru, eyes ₹175 crore Previous launches In January, Brigade Group signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road with a development potential of ₹2700 crore. Sprawling across 20 acres, the residential project will have a total saleable area of approximately 2.5 million sq ft and a total land cost of about ₹630 crore through its subsidiary Ananthay Properties Private Limited. Also Read: Brigade Group acquires Bengaluru land near IT parks, to develop ₹5,200 cr mixed-use project The Group also signed a joint development agreement for a new plotted development project in East Bengaluru with a Gross Development Value (GDV) of ₹175 crore, the company announced on April 21. Currently, the company has a pipeline of upcoming residential projects, with approximately 12.61 million square feet of new developments across Bengaluru, Chennai, and Hyderabad.
Time of India
a day ago
- Business
- Time of India
Brigade Enterprises eyes over Rs 1,000 crore revenue from new Bengaluru project
Bengaluru, Realty firm Brigade Enterprises on Monday said it is targeting a revenue of more than Rs 1,000 crore from its new project in Bengaluru. The company has launched a 4.36-acre residential project ' Brigade Avalon ', comprising 206 apartments, on Whitefield Main Road, Bengaluru. The total development area in this project is 6.4 lakh square feet while the revenue potential is over Rs 1,000 crore, Brigade Enterprises said in a statement. "Whitefield is a high-priority micro-market for us," Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, said. Established in 1986, Brigade Group is one of the leading real estate developers in the country. It builds residential, office and retail properties. The group has a presence in the hospitality and education sectors.
News18
2 days ago
- Business
- News18
Brigade Enterprises aims over Rs 1,000 cr revenue from new Bengaluru project
Bengaluru, Jul 28 (PTI) Realty firm Brigade Enterprises on Monday said it is targeting a revenue of more than Rs 1,000 crore from its new project in Bengaluru. The company has launched a 4.36-acre residential project 'Brigade Avalon', comprising 206 apartments, on Whitefield Main Road, Bengaluru. The total development area in this project is 6.4 lakh square feet while the revenue potential is over Rs 1,000 crore, Brigade Enterprises said in a statement. 'Whitefield is a high-priority micro-market for us," Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, said. Established in 1986, Brigade Group is one of the leading real estate developers in the country. It builds residential, office and retail properties. The group has a presence in the hospitality and education sectors. PTI MJH MJH SHW Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Upturn
2 days ago
- Business
- Business Upturn
Stocks to watch on July 28: Titan, BEL, SAIL, Kotak Bank, TCS, Zydus, Brigade in focus after key deals and earnings
By Arunika Jain Published on July 28, 2025, 08:02 IST Several stocks are likely to be in focus on July 28 following major order wins, corporate developments, and quarterly earnings announcements. Here's a roundup of key newsmakers from the India Daybook: Major deals and project wins Titan Company announced the acquisition of Damas Jewellery, marking a strategic expansion in its international jewellery footprint. Bharat Electronics Ltd (BEL) secured a ₹1,640 crore defence contract for advanced air surveillance radars, while RITES bagged a ₹177 crore manufacturing unit project from BEL in Andhra Pradesh. Asian Energy Services received an ₹865 crore order from Vedanta, and Vatech Wabag secured a ₹380 crore water reuse project in Bengaluru. L&T Technology Services won a $60 million software engineering engagement from a Tier-I US telecom provider, and Nibe entered a technical collaboration with Israel's Elbit Systems for the PULS rocket system. Godrej Industries' aerospace unit signed a strategic manufacturing deal with Pratt & Whitney for supplying precision aircraft components. Zydus Lifesciences received tentative USFDA approval for a generic version of Ibrutinib tablets. Realty and infra updates Brigade Enterprises launched its premium residential project 'Brigade Avalon' in Whitefield, Bengaluru, with expected revenue of over ₹1,000 crore. Agi Infra will consider a stock split proposal on August 4, and Royal Orchid Hotels announced its fifth property in Mysore under the Regenta Resort Tropical Villages brand. NTPC Green signed an MoU with Bihar State Power Generation for renewable and battery storage projects, while Jayant Infratech won a ₹34 crore EPC contract for rail electrification in Assam. Positive earnings Several companies reported robust Q1 FY26 results: SAIL: Net profit at ₹744 crore vs ₹81.7 crore; revenue at ₹25,921 crore vs ₹23,997 crore (YoY). Lodha Developers: Net profit at ₹675 crore vs ₹475 crore; revenue at ₹3,492 crore vs ₹2,847 crore. Orient Cement: Net profit rose sharply to ₹201 crore vs ₹36.7 crore; revenue at ₹870 crore vs ₹701 crore. ACME: Net profit at ₹131 crore vs ₹1.4 crore; revenue at ₹511 crore vs ₹310 crore. Affle: Net profit at ₹105 crore vs ₹86 crore; revenue at ₹620 crore vs ₹519 crore. Premier Energies, Tata Chemicals, SG Mart, Schaeffler India and Omax Autos also posted strong YoY growth. Financial sector highlights Kotak Mahindra Bank reported Q1 net profit of ₹3,281.7 crore, slightly below estimates (poll: ₹3,442 crore). NII stood at ₹7,259.3 crore. Bank of Baroda exceeded expectations with net profit at ₹4,541 crore and NII at ₹11,435 crore. SBI Cards, IDFC First Bank, J&K Bank, TMB, Poonawalla Fincorp and Indian Overseas Bank also announced results, largely in line with estimates. Neutral to negative developments TCS announced plans to cut 2% of its global workforce over the course of FY26. Crisil was penalised ₹8 crore in a GST-related case on export services. Dr. Reddy's invested ₹565.4 crore in its Russia subsidiary, increasing its stake to 45.19%. On the earnings front, New Delhi Television Ltd (NDTV) reported a wider loss of ₹70.31 crore YoY, while CDSL, Petronet LNG, Zen Technologies, and Suraj Estate posted lower profits. Balkrishna Industries reported a steep decline in net profit to ₹288 crore from ₹490 crore, and Prataap Snacks saw its profit slump to ₹0.7 crore vs ₹9.4 crore YoY. CG Power received a ₹468 crore tax demand order from the Income Tax Department. Corporate and regulatory updates Menon Bearings declared an interim dividend of ₹2/share (record date: July 31). IndusInd Bank will appoint a new MD & CEO by August 28. Sona BLW clarified that former shareholder Rani Kapur hasn't held shares since 2019. Several stocks like Aurionpro , BASF , Wipro , CRISIL , and DLF are trading ex-dividend in the coming sessions. Changes in ASM and circuit filters: Datamatics, IEX, and Force Motors added to ASM; V2 Retail, Vadilal, and Magellanic excluded. Disclaimer: This article is based solely on publicly available company disclosures and stock exchange filings. It is not a recommendation to buy or sell any security. Please consult a qualified financial advisor before making any investment decisions. Ahmedabad Plane Crash Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]
Business Standard
4 days ago
- Business
- Business Standard
Brigade Group launches premium residential project Brigade Avalon in Bengaluru
Brigade Group has announced the launch of its latest premium residential project Brigade Avalon, a strategic addition to the company's residential portfolio in Bengaluru. With a development area of approximately 6.4 lakh square feet and a projected revenue potential of over Rs 1000 crore, Brigade Avalon is located on Whitefield Main Road. The project is spread across 4.36 acres and is designed to redefine upscale urban living. Brigade Avalon comprises 206 thoughtfully crafted homes that blend architectural grandeur with everyday practicality.
