Brigade Group to invest ₹2,000 crore in Chennai
The Hindu
Plans to develop residential, commercial spaces in 3-5 years
Bengaluru-based property developer Brigade Group has announced that it would invest about ₹2,000 crore to develop an additional one million square feet each in residential and commercial spaces over the next three to five years in Chennai.
“Brigade will continue to focus on the South Indian market, and is aiming to increase the contribution of Chennai and Hyderabad markets in its overall portfolio,” said Hrishikesh Nair, COO, Chennai Operations, Brigade Enterprises Ltd.
“This investment will be in residential, commercial, hospitality and retail verticals of the group,” he said in a statement.
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