Shares of Brigade Enterprises Ltd were trading in the green and 3% higher on 28 June after the company announced the launch of its latest residential project, Brigade Insignia, in Yelahanka, Bengaluru. 

In its regulatory filing, the company said, “We would like to inform you that we have launched “Brigade Insignia”, a premium residential project in Yelahanka, Bengaluru. Brigade Insignia comprises six towers housing 379 units of spacious 3, 4, and 5 BHK apartments (Limited edition Sky Villas) spread across a sprawling 6-acre land parcel.”

The project has a revenue potential of Rs 1,100 crore and is strategically located amidst greenery. The project is located in close proximity to key places such as Metro Stations, the airport highway, Manipal Hospital, Manyata Tech Park, Yelahanka New Town, Outer Ring Road, and Kempegowda International Airport. 

The Brigade Insignia will be equipped with modern amenities such as a swimming pool with a kid’s section, a fitness studio, a clubhouse with a gala hall and multimedia room, a spa, sports facilities like squash and badminton courts, and beautifully landscaped terraced lawns and sky gardens.

The Brigade Group is one of India’s premier property developers, boasting over three decades of expertise in creating positive experiences for all stakeholders. Established in 1986, the company has developed numerous landmark buildings, significantly transforming the skylines of cities in South India, including Bengaluru, Mysuru, Hyderabad, Chennai, and Kochi. Their developments span various sectors, such as Residential, Commercial, Retail, Hospitality, and Education.

Since its inception, Brigade has completed over 275 buildings, totalling over 80 million sq. ft. of developed space across a diverse real estate portfolio.

At 12:21 pm, the shares of Brigade Enterprises were trading 0.0037% higher at Rs 1,349.15 on NSE.