Samyag

Corporate Actions

Back

Brigade Enterprises launches net-zero residential project in Northwest Bengaluru

26-Mar-26 18:01 Hrs IST

The project comprises 2 and 3 BHK units (1,100'1,800 square feet) and is positioned as a net-zero carbon development, incorporating renewable energy, water management, and waste reduction systems.

The location benefits from proximity to the Namma Metro Green Line, supporting connectivity-driven demand.

The launch aligns with Brigade's focus on premium residential developments in emerging micro-markets with infrastructure tailwinds, while integrating sustainability-led design elements.

Pavitra Shankar, managing director, Brigade Enterprises said: 'Northwest Bengaluru is one of the key focus areas for us, and the launch of Brigade Lumina underscores our commitment to delivering world-class construction that responds to the evolving expectations of today's homebuyer while being inherently future-ready.

There is an undersupply of premium developments in this corridor, and the metro connectivity of the project is one of its biggest selling points.

Brigade Enterprises is one of India's 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 company had reported 21.05% drop in consolidated net profit to Rs 186.52 crore despite a 7.59% increase in revenue to Rs 1,575.11 crore in Q3 FY26 as compared with Q3 FY25.

The scrip had advanced 3.76% to end at Rs 670.70 on the BSE yesterday.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.