BRIGADE GROUP LAUNCHES BRIGADE CITRINE RESIDENTIAL PROJECT
News: Brigade group has announced the launch of Brigade Citrine. The high-rise township, located in Budigere Cross, Whitefield, Bengaluru is a net-zero carbon, residential development. The project has an estimated GDV of about ₹500 Crore. The total size of the project site is around 4.3 acres with a total development area of around 0.7 million sq.ft.
Views: BEL has a strong launch pipeline of ~ 10.5 msf over the next 4 quarters with gross development value of ₹10,000- ₹ 12,000 crore, which should drive sales volumes ahead. With strong balance sheet aided by expansion in commercial leasing and hospitality to drive stable cashflows, brigade is one of the well placed realty developers poised for growth ahead.
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