News: Brigade group have launched a new residential tower, Cobalt, at its 50 acre township, Brigade El Dorado which is located in KIADB Aerospace park. The revenue potential of the project is pegged at ₹400 crore with an overall size of around 6.1 million sqft. The tower is expected to be completed by Q2 FY29.
Views: Brigade has a robust launch pipeline of over 12 million sqft as of FY24. The company recently signed a JDA for a project worth ₹1100 crore in Bangalore along with the launch of brigade insignia worth ₹1100 crore, the new projects further add to the strong launch pipeline and drive sales volumes ahead. With lean balance sheet and healthy business development, brigade is poised for growth ahead.
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