Brigade Enterprises will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live News

Brigade Enterprises has entered into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Center (WTC) and supporting infrastructure, including a business hotel at Thiruvananthapuram. Aimed at developing around 1.5 million sq.ft of infrastructure, spread across a cluster of towers, the WTC is poised to bring in IT MNCs and provide `Grade A` IT office space to the workforce in the park. The development is expected to generate employment opportunities, both direct and indirect, for over 10,000 people. Brigade Enterprises already signed and initiated the expansion of WTC in Kochi Infopark with its 3rd Tower, taking its IT infrastructure to over a million sqft. Overall, Brigade plans to bring in appx Rs. 1,500 crore investment to the state in the coming years.Powered by Capital Market - Live News

Brigade Enterprises has announced the launch of Brigade Gateway at Neopolis, Kokapet, Hyderabad, approximately a 10-acre mixed use development. Brigade Gateway will be Hyderabad`s most integrated lifestyle mixed-use development and includes a World Trade Center, Brigade Residences, a 300+ keys Intercontinental Hotel and a destination lifestyle mall, Brigade`s Orion Mall. The Brigade Gateway Residences will be one of the tallest buildings in Hyderabad featuring around 600 premium residences in 3, 4 and duplex 5-bedroom formats across 58 floors and will have a sales potential of Rs 3,300 crores. Brigade Residences includes a thoughtfully curated election of world-class amenities, crafted to provide an elevated living experience at the pinnacle of luxury. As a green certified development, it will incorporate solar power generation, stormwater harvesting, and an on-site sewage treatment plant for water reuse.The commercial tower, standing at 212 metres, is poised to become an iconic addition to the city skyline. It will feature Orion Mall on the first seven floors, the World Trade Center spanning 22 floors, InterContinental across 12 floors, and two floors dedicated to serviced residences. This will be the fourth World Trade Center developed by Brigade Group among the six licenses it holds, offering flexible office spaces with the largest floor space at approximately 4,000 square meters. This skyscraper will be iconic in its own right, featuring cutting-edge, ultra-high-speed information network facilities, a comprehensive international design, and state-of-the-art security functions. Brigade Gateway`s design seamlessly integrates various asset classes while maintaining a core focus on sustainability. With approximately 10,000 employees across offices and commercial spaces, and around 3,000 residents, Brigade Gateway is poised to become a landmark in the city. Powered by Capital Market - Live News

Brigade Group has announced the launch of Brigade Citrine, a residential project that sets new benchmarks in sustainable living. This high-rise township, located in Budigere Cross, Whitefield, Bengaluru is India`s first truly net-zero carbon, residential development. The project has an estimated GDV of about Rs 500 crore. The total size of the project site is around 4.3 acres and includes 420 thoughtfully designed 1,2,3 and 4 BHK homes.Powered by Capital Market - Live News

Net profit of Brigade Enterprises declined 10.88% to Rs 118.98 crore in the quarter ended September 2024 as against Rs 133.50 crore during the previous quarter ended September 2023. Sales declined 21.54% to Rs 1072.16 crore in the quarter ended September 2024 as against Rs 1366.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1072.161366.58 -22 OPM %27.2323.77 - PBDT235.28256.08 -8 PBT166.35180.35 -8 NP118.98133.50 -11 Powered by Capital Market - Live News