Latest news with #BuzzWorks
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Business Standard
16-07-2025
- Business
- Business Standard
Brigade Enterprises shares pop 4% in trade today; what's driving surge?
Brigade Enterprises shares gained 4.2 per cent on Wednesday, logging an intraday high at ₹1,137.95 per share on BSE. At 2 PM, Brigade Enterprises share price was trading 2.7 per cent higher at ₹1,120.6 per share on the BSE. In comparison, the BSE Sensex was up 0.14 per cent at 82,686.52. The company's market capitalisation stood at ₹27,390.55 crore. The 52-week high of the stock was at ₹1,450 per share and the 52-week low of the stock was at ₹812.85 per share. What led to the rally in Brigade Enterprises shares? The northward movement in the stock came after the company announced it has expanded its portfolio in Hyderabad. BuzzWorks, the managed and flexible offices arm of Brigade Group added over 50,000 square feet of Mindspace Business Park, HITEC City, Hyderabad, to its existing portfolio. This launch adds 1000 seats to its existing desk bank. It also underlines the brand's growing footprint and commitment to delivering premium managed workspaces in high-demand commercial locations, according to the filing. Located in Cyberabad, the centre will be equipped with amenities including a cafeteria, a wellness room, collaborative zones, recreational areas, phone booths and a common boardroom along with multiple meeting rooms. Following the success of its first Hyderabad centre at Auro Orbit – HITEC City, designed around the Urban Forest theme, BuzzWorks is now set to launch its second workspace in the city. About BuzzWorks: Brigade Group entered the flexible office space segment with the launch of BuzzWorks in 2019. The brand offers managed, customisable workspaces through two key formats: Built-to-Suit solutions for enterprises with specific design and operational needs, and Ready-to-Occupy offices for businesses seeking high-quality, immediately functional spaces. About Brigade Group: Established in 1986, Brigade Group is one of India's leading property developers with close to four decades of expertise in building positive experiences for all their stakeholders and winning their customers' trust. Brigade has developed many landmark buildings and transformed skylines across India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City Ahmedabad with developments across Residential, Office, Retail, Hospitality and Education Sectors.
Business Upturn
16-07-2025
- Business
- Business Upturn
Brigade Enterprises shares jump over 2% after its arm launches new premium workspace in HITEC City
By Aman Shukla Published on July 16, 2025, 10:03 IST Brigade Enterprises shares rose over 2% in early trade after its flexible workspace brand, BuzzWorks, launched a brand-new 50,000 sq. ft. centre at Mindspace Business Park in Hyderabad's HITEC City. The new facility adds 1,000 desks and marks BuzzWorks' second location in the city. With this launch, BuzzWorks continues to extend its presence beyond Brigade-owned buildings, targeting high-demand commercial hubs. The new workspace, themed 'ModZen'—a modern-meets-Zen concept—caters to the evolving needs of today's professionals with features like wellness zones, collaboration areas, phone booths, a common boardroom, and a recreation space. Strategically placed in the heart of the Cyberabad IT corridor, the centre offers excellent connectivity, including direct access to Raidurg Metro Station via a skywalk just 650 metres away, plus proximity to Gachibowli, the airport, and key transit points. BuzzWorks already operates a popular 'Urban Forest'-themed centre at Auro Orbit in Hyderabad, and this latest launch strengthens Brigade Group's push into the premium, managed office space segment. Brigade Enterprises shares opened at ₹1,098.40 today. The stock went up to ₹1,121.00 and fell to a low of ₹1,097.00 during the day. Its 52-week high is ₹1,448.70, and the 52-week low is ₹852.00. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
15-07-2025
- Business
- Business Upturn
Brigade's BuzzWorks expands in Hyderabad with new premium workspace at HITEC City
By Aman Shukla Published on July 15, 2025, 16:38 IST BuzzWorks, the flexible workspace brand by Brigade Group, has opened its latest centre at Mindspace Business Park in HITEC City, Hyderabad. Spanning over 50,000 sq. ft. and offering 1,000 seats, this new addition signals BuzzWorks' expanding presence beyond Brigade-owned properties and reinforces its focus on delivering high-quality, managed office spaces in prime commercial hubs. Strategically located in the buzzing IT corridor of Cyberabad, the new centre is designed with everything today's professionals need — from a cafeteria, wellness room, collaborative zones and recreation spaces, to meeting rooms, phone booths and a common boardroom. This is BuzzWorks' second centre in Hyderabad, following the success of its Auro Orbit workspace, which was themed around 'Urban Forest.' The new space embraces a 'ModZen' theme — a thoughtful blend of modern functionality with Zen-inspired calm — capturing Hyderabad's balance between tech-driven growth and a peaceful lifestyle. Convenience is another key highlight. The centre has direct skywalk access to Raidurg Metro Station (just 650 metres away), and is well-connected via public transport, cabs, and ample in-campus parking. It also offers easy access to the airport, railway station and business hubs like Gachibowli. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hindustan Times
20-06-2025
- Business
- Hindustan Times
Brigade Group's flexible workspace arm BuzzWorks signs 24,000 sq ft workspace with Infor India in Hyderabad
Brigade Group's flexible workspace arm, BuzzWorks, has signed a deal with Infor India Private Limited for a 24,000 sq ft office space in Hyderabad, the company said in a statement. The lease is located at Auro Orbit, in Hyderabad's IT corridor of HITEC City. The deal marks BuzzWorks' strategy to scale up its managed workspace portfolio to 1 million sq ft by FY2026. The Auro Orbit, located on the 18th floor, is designed with an Urban Forest theme. Siddharth Verma, general manager at BuzzWorks, said the move reflects broader trends in the commercial real estate sector. 'Hyderabad saw 12.5 million sq ft of Grade A leasing in 2024, up 56% year-on-year, driven by IT and Global Capability Centres. Flexible workspaces accounted for 14% of this, highlighting the growing shift from fixed assets to experience-driven, office-as-a-service models.' Launched in 2019, BuzzWorks operates across major South Indian cities, including Bengaluru, Chennai, Kochi, and Trivandrum. Also Read: Brigade Group to add 8 million sq ft of office space, plans to double flex space portfolio BuzzWorks entered the Hyderabad market with a 25,000-square-foot space in Auro Orbit of Hitec City in September last year. The facility features 416 desks, along with meeting rooms and collaborative spaces. Brigade Group ventured into the flexible office spaces with 'BuzzWorks' in 2019. Brigade's coworking brand, BuzzWorks, currently operates 8,000 seats across various locations. The company plans to double that number in the next year and scale up to 1 lakh seats by 2030. 'We see growing demand for flexible workspaces, and BuzzWorks has been well-received. Our goal is to reach 1 lakh seats by the end of this decade,' Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited, told in April 2025.
Business Standard
20-06-2025
- Business
- Business Standard
Brigade Ent rises as BuzzWorks expands presence in Hyderabad city
Brigade Enterprises advanced 2.09% to Rs 1,157.50 after the company announced that its flexible and managed office space brand, BuzzWorks, has expanded its presence in Hyderabad through a new lease agreement signed by Infor India. Infor India, a subsidiary of global enterprise software leader Infor, has leased 24,000 sq. ft. of office space at BuzzWorks Auro Orbit, located in Hyderabad's HITEC City area. The company stated that this addition enhances BuzzWorks growing footprint in the city and supports its broader goal of reaching 1 million sq. ft. of managed workspace across its portfolio by the end of FY2026. BuzzWorks Auro Orbit is designed around an Urban Forest theme that blends technology and biophilia to promote creativity, well-being, and sustainability. Situated on the 18th floor, the workspace features AI-powered smart systems, eco-conscious materials, and thoughtfully curated amenities, offering panoramic city views and a vibrant work environment. Siddharth Verma, General Manager, BuzzWorks, said, Available data suggests Hyderabads commercial real estate is undergoing a structural shift; 12.5 million sq. ft. of Grade A space was leased in 2024, a 56% year-on-year growth, led by IT services and Global Capability Centers. The fact that flexible workspace operators accounted for 14% of this uptake and continue to hold a 14% share across Indias top cities signals more than just demand. It points to a redefinition of value in office space. At BuzzWorks, we see this inflection point as an opportunity to lead the category transition from space providers to experience enablers, and from fixed assets to office-as-a-service. 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. Brigade Enterprises reported a 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.
