Latest news with #BrigadeGroup
Hans India
4 days ago
- Business
- Hans India
Green activist Saalumarada Thimmakka honoured with life-size silicone sculpture
Bengaluru: In celebration of World Environment Day 2025, Orion Mall at Brigade Gateway, on Thursday unveiled a life-size silicone sculpture of Saalumarada Thimmakka, one of India's most revered environmentalists. The tribute stands as a profound acknowledgment of her invaluable efforts in afforestation and environmental conservation, inspiring younger generations to embrace sustainability and actively contribute to ecological preservation. The event witnessed an enthusiastic response from patrons and environmental advocates as Saalumarada Thimmakka graced the occasion, personally unveiling the installation. Attendees had the special opportunity to engage with Thimmakka, capture memorable photographs beside the installation, and receive complimentary saplings—an initiative by Orion Mall to inspire a greener tomorrow. Speaking at the event, Sunil Munshi, Senior Vice President – Retail, Brigade Group, expressed his gratitude for the overwhelming response. 'It is an honour to celebrate the legacy of Saalumarada Thimmakka through this tribute. Her tireless efforts in afforestation have transformed landscapes and inspired countless individuals. Through this installation, we aimed to raise awareness about environmental conservation and encourage meaningful action toward sustainability. Brigade Group remains committed to creating immersive retail spaces that foster social responsibility and environmental consciousness.' The breathtaking sculpture, meticulously crafted by renowned Bangalore-based artist Abhilash H P (Black Mark Art Studio), captivated visitors with its lifelike presence. A Gold medallist in M.F.A from the CAVA University of Mysore, Abhilash has over 20 years of expertise in sculpture artistry, bringing Thimmakka's legacy to life through exceptional attention to detail. The sculpture will remain on display at Orion Mall for two weeks, providing visitors with an opportunity to engage with Thimmakka's inspiring legacy and reaffirm their commitment to a sustainable future.
The Hindu
24-05-2025
- Business
- The Hindu
NRI home buying surges, buoyed by roots and solid returns
From serene hill stations to the bustling cities and opulent locales of metro areas, Non-Resident Indians (NRIs) are increasingly acquiring properties, not only as a strategic investment but also as a means of staying connected with their cultural roots. Developers are getting enquiries from the United States, United Kingdom, Singapore, the Middle East, and even Australia. NRIs accounted for approximately 15%–25% of investments in newly launched residential projects across India's top seven cities — Delhi-NCR, Mumbai Metropolitan Region, Bengaluru, Pune, Hyderabad, Chennai, and Kolkata — in 2024, Shekhar G. Patel, president of CREDAI, points out. Women in the buyer's seat 'Cities such as Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and Chennai continue to attract interest, backed by infrastructure growth and favourable policy frameworks. At the same time, Tier 2 and 3 cities like Ahmedabad, Kochi, Indore, and Lucknow, are witnessing growing traction among NRIs due to better affordability and rapid urbanisation,' he adds. 'With the Indian economy projected to grow at 6.5% in FY 2025–26, the overall environment remains favourable for long-term investment.'SHALIN RAINA Managing director, residential services, Cushman & Wakefield Over the past two years, another interesting trend that has emerged in India's real estate sector is the rise in the number of NRI women who are stepping into the role of independent property buyers. As women are begining to earn more abroad, many are investing in properties back home and taking a keen interest in keeping the next generation closely connected to their families in India. Traditionally, real estate investments, among NRIs, have been dominated by men, often in joint partnership with spouses. The profile of NRI home buyers has also changed. Earlier, the market was dominated by techies, salaried professionals, and established business entrepreneurs. Now this segment is witnessing a shift with younger buyers, in the age group of 35 to 45, becoming a major force in the market. They are spending anywhere between ₹3 crore and ₹5 crore on homes. Meanwhile, older NRIs, particularly those above the age of 40, are gravitating toward luxury homes with budgets starting at ₹5 crore. Some buyers are even willing to invest upwards of ₹25 crore on premium properties. In 2024, NRIs accounted for 12% of purchases for Bengaluru-based Brigade Group. This increased to 16% in 2025, fuelled by a preference for modern homes featuring well-designed architecture, luxury amenities, and proximity to workspaces. For example, the firm's Gateway project in Hyderabad saw 35% of its buyers from the NRI category, reflecting the demand for high-end living spaces. 'NRIs tend to favour homes where the layouts and architectural styles reflect those in the West, Dubai, or Singapore. They show a preference for contemporary aesthetics and brand-conscious selections,' says Viswa Prathap Desu, COO Residential, Brigade Group. 'At Brigade, we have noticed particular interest in the South Indian cities of Hyderabad, Bengaluru, Chennai, and Mysuru,' he adds. Meanwhile, the Hiranandani Group has also experienced a notable increase in demand from NRI homebuyers for its township projects located in Powai, Thane and Panvel within the Mumbai Metropolitan Region, and Oragadam in Chennai. 'Cities such as Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and Chennai continue to attract interest, backed by infrastructure growth and favourable policy frameworks'SHEKHAR G. PATELL President of CREDAI Additionally, more affordable investment options, such as plotted developments, have gained popularity among NRI homebuyers at the Oragadam project in Chennai. Niranjan Hiranandani, chairman and managing director of Hiranandani Communities, says, 'For NRI buyers, the preferred investment range for apartments in the Panvel project is between ₹1 crore and ₹2 crore, while in Powai, the ticket size starts at ₹3 crore.' Hiranandani adds that NRIs tend to prefer branded projects with integrated living and holistic amenities, self-sustaining ecosystems, high rentals, professional concierge services to maintain homes, assured rentals by developers, and better ROIs to shortlist their investments. According to statistics shared by DLF Home Developers, during the financial year (FY) 2023,the firmgenerated$240 million in sales from NRI investors, representing approximately 14% of total sales. In FY 2024, NRI contributions to DLF's residential segment amounted to around$408 thismomentum continued in FY 2025, with NRI sales reaching approximately$421 million. Aakash Ohri, jointmanaging director and chief business officer, DLF Home Developers Ltd,says: 'Recent project launches further highlight this traction — NRI buyers accounted for 25% of sales in DLF Privana South (around$216.1 million), 27.8% in DLF Privana West (approximately$180 million), and for The Dahlias, around 14% so far. 'NRIs tend to favour homes designed with layouts and architectural styles that reect residential styles of the West, Dubai, or Singapore. They show a preference for contemporary aesthetics and brand-conscious selections'VISWA PRATHAP DESUCOO Residential, Brigade Group Gurugram emerging as winner Looking at the increasing demand for homes from the NRI fraternity, DLF Home Developers Ltdis now preparing to enter markets like Mumbai and Goa. Ohrinotes that among the six major metropolitan cities, at least four are currently witnessing record-high demand from NRIs, particularly in the luxury segment. 'Notably, Gurugram has emerged as the youngest city with the highest demand and price realisations to date.'He adds, 'The NCR region now boasts a high concentration of wealth from ultra-high-net-worth individuals (UHNIs), business families, industrialists, and NRIs.' Ravi Aggarwal, co-founderandmanaging director, Signature Global (India) Ltd.,has another observation. 'According to recent World Bank findings, India received 14.3%of all global remittances in 2024 — the highest ever for any country in a single year. Nearly 7% of these remittances are invested in land, property, and securities. This growing interest in Indian real estate is driven by increasing confidence in the country's economy and strong government backing for infrastructure development and the sector's immense growth potential in leading cities,' he says. For Signature Global, Southern Peripheral Road and Dwarka Expressway in Gurugram have witnessed significant interest from NRIs. 'Our premium projects, Titanium SPR in Sector 71 and Deluxe DXP in Sector 37D, Gurugram, are strategically located in these two key corridors,' he says. Resilience during volatility With its potential for stable returns and capital appreciation, property investment offers a sense of security and financial growth, making it an attractive option for NRIs seeking to safeguard and grow their wealth in times of volatility. 'With the Indian economy projected to grow at 6.5% in FY 2025–26, the overall environment remains favourable for long-term investments. Continued implementation of RERA framework has helped maintain transparency and accountability, offering NRIs added confidence in project delivery,' says Shalin Raina, managing director, residential services, Cushman & Wakefield. He further explains that another key driver of this momentum is the notable price appreciation — property values in key urban markets have risen by 20-30% over the past three years, making real estate a high-return asset. 'In addition to this, the flexible payment plans offered by developers, especially in northern India, make the investment more attractive,' he says. According to an NRI who has finalised a house in Mumbai, the depreciation of the rupee helped him make his choice. 'My wife and I live in the U.S., but we frequently travel to India for work. Eventually, we decided to buy a house. The home we bought was valued at ₹7 crore. We have also planned to retire in India. This helped me diversify my portfolio — and I felt it would fetch me a good return on investment,' he says.
Time of India
23-05-2025
- Health
- Time of India
Soaked Fenugreek Seeds: From Lowering Cholesterol to Removing Microplastics — 4 Stellar Health Benefits
Fenugreek Seeds, known as 'methi', are a staple in Indian cooking, and is used in many preparations, gravies, and even beauty products! These tiny seeds are packed with nutritional benefits, and when soaked, become easier to digest, unlocking a whole range of health benefits. The seeds must be soaked overnight (roughly around 8 hours) and consumed on an empty stomach, before your breakfast. Here are some benefits of consuming soaked fenugreek seeds. Lowers Bad Cholesterol Bad cholestrol, known as LDL, is almost always responsible for heart ailments, including a sudden heart attack, when arteries get fully clogged. Fenugreek seeds are loaded with soluble fibre, which actually binds to cholesterol in the digestive system, and helps exit it from the body. The seeds also contain natural compounds called saponins, that reduce cholesterol absorption in the intestines. Over time, regular consumption of soaked fenugreek seeds can lower LDL cholesterol and triglycerides while increasing one's HDL cholesterol, also known as the "good" cholesterol. (Also fund in fatty fish, avocados, cheese etc) Consuming methi seeds, along with your regular medication and exercise, can better your heart health. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brigade Eternia: Where Comfort Meets Connectivity Brigade Group Get Offer Undo Helps manage blood sugar levels Soaked fenugreek seeds can manage blood sugar levels to a large extent. The seeds improve insulin sensitivity, meaning your body uses insulin more effectively, when you consume these seeds. This makes it an excellent choice for diabetics, and those who suffer from pre-diabetes, or at risk of developing diabetes. Since fenugreek seeds in high in fiber, it slows down digestion, and absorption of carbohydrates, preventing sudden spikes in blood sugar after meals. Regular intake of soaked fenugreek seeds can help stabilise glucose levels throughout the day, reducing the chance of getting diabetes. Reduces inflammation and eases joint pain Inflammation is behind many chronic ailments in the body, including arthritis. Soaked fenugreek seeds contain anti-inflammatory compounds that help reduce swelling and pain in the joints, providing comfort. People suffering from arthritis or other inflammatory conditions can regularly chew or consume soaked fenugreek seeds. These seeds also promote better digestion and calms an upset stomach. May help remove microplastics According to new research, soaked fenugreek seeds may help in removing microplastics from the body. Those who don't know, microplastics are tiny plastic particles found in the environment and food, that can accumulate in our bodies over time and cause harm. Fenugreek seeds are rich in fiber and antioxidants, which help detoxify the body, and supporting liver function. The antioxidants protect the liver from damage, while the fiber helps flush out waste and pollutants from our digestive system. Though research on this is still ongoing, early studies suggest that fenugreek seeds can successfully detoxify the body and remove microplastics and other environmental toxins in the body, promoting better overall health. One step to a healthier you—join Times Health+ Yoga and feel the change
United News of India
15-05-2025
- Business
- United News of India
Brigade Group acquired 5.41 acre parcel for Rs 441.70 cr in Chennai
Hyderabad, May 15 (UNI) 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. Brigade Group's commitment to quality and innovation will be reflected in the signature residences that seamlessly blend aesthetics, functionality, and sustainability. Residents will also enjoy a host of premium amenities. Key developments in the city by Brigade Group include Brigade World Trade Centre and Tech Boulevard; Brigade Altius, recently launched in Sholinganallur about 6.5 acres; Brigade Xanadu - recently completed township in Mogappair about 33 acres and Brigade Icon on Mount Road, a mixed-use development acquired from TVS in early 2022. These projects reflect Brigade's multi-sector strategy, spanning residential, commercial, retail, and hospitality segments. Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. said, " This acquisition reinforces our commitment to expanding our footprint in the city with a focus on marquee land parcels in excellent locations. Our aim is to address the strong demand for thoughtfully designed, high-quality residential spaces that resonate with the aspirations of modern consumers. Velachery's prime location and connectivity make it an ideal choice for creating a vibrant community, aligning with our vision of delivering exceptional living experiences.' Dineshkumar R. Mishra, Sr. Vice President, Corporate Finance, Audit and Legal, Raptakos Brent & Co. 'The Brigade Group is well known for their landmark edifices across major cities in India and we expect that this purchase will make a great addition to their portfolio. Also, I want to acknowledge the role that Knight Frank India Pvt. Ltd have played as our partners in this venture.' Reshmi Panicker, Executive Director, Land and Residential Services, Knight Frank India, commented 'This transaction highlights the increasing appetite for premium locations backed by strong infrastructure and long-term residential demand. The city is firmly on the radar for serious institutional capital and branded players, making a strong case for sustained residential investment.' Gaurav Lal, Executive Director, Knight Frank India, said, 'The trust in a brand like Brigade commands, combined with marquee locations such as this acquisition near a prominent mall and ongoing developments like Brigade Icon on Mount Road, reflects the growing confidence in Chennai's residential potential.' UNI KNR ARN
Business Standard
15-05-2025
- Business
- Business Standard
Brigade Ent Q4 PAT rises 20% YoY to Rs 247 cr
Brigade Enterprises reported 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025. Profit before tax for the March 2025 quarter was at Rs 305.65 crore, up 9.61% on a YoY basis. On the segmental front, the companys revenue from the real estate segment stood at Rs 976.72 crore (down 26.97% YoY), income from leasing was Rs 346.08 crore (up 38.07% YoY), while revenue from the hospitality segment stood at Rs 153.28 crore (up 18.25% YoY) during the period under review. EBITDA stood at Rs 488 crore in the fourth quarter of FY25, down 1.01% year-on-year (YoY). During the quarter under review, the real estate segment registered a sales volume of 2.03 million sq. ft., with a sales value of Rs 2,448 crore in Q4 FY25, an increase of 9% over Rs 2,243 crore in Q4 FY24. Collections for Q4 FY25 stood at Rs 1,929 crore, compared to Rs 1,838 crore in Q4 FY24. Pavitra Shankar, managing director, Brigade Enterprises, said, FY25 has been a landmark year for Brigade Group, with meaningful contributions across our businesses. The consistent demand has fuelled our expansion, and with a strong pipeline of 26 mn sft of ongoing projects and approximately 15 mn sft of upcoming developments, we are confident that we can maintain this momentum in the coming quarters as well. Furthermore, as of March 31, 2025, Brigade has achieved a significant milestonesuccessfully delivering 100 mn sft of built-up space across all its projects since inception. This accomplishment reflects our unwavering commitment to quality, innovation, and excellence in the real estate sector. Our continued focus on South India remains a priority, and we are actively seeking high-quality land parcels that align with our stringent standards and our unwavering commitment to a consumer-first approach. Meanwhile, the companys board has recommended a final dividend of Rs 2.5 per equity share for the financial year 2024-25. Brigade Enterprises is one of Indias leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. The scrip fell 3.73% to Rs 1,050.75 on the BSE.
