Brigade Enterprises , a prominent real estate developer, has announced two significant moves that underscore its commitment to growth and diversification in key South Indian markets.

Chennai Mixed-Use Development

Brigade Enterprises has signed a long-term lease agreement for a 7-acre mixed-use development project on Chennai's Old Mahabalipuram Road (OMR). This strategic expansion into Chennai's thriving IT corridor includes plans for:

• 1 million square feet of Grade A office space
• A 5-star hotel

The project aims to capitalize on the growing demand for high-quality commercial spaces and hospitality services in Chennai's rapidly developing OMR area.

Bengaluru Residential Project Launch

In a parallel development, Brigade Enterprises has launched a new residential project in Bengaluru:

• Project Name: Brigade Lakecrest
• Location: Beside Bhattarahalli Lake on Old Madras Road, Bengaluru
• Projected Revenue Potential: Exceeds Rs 950.00 crores

The 'Brigade Lakecrest' project is strategically positioned to offer residents a lakeside living experience while benefiting from the connectivity of Old Madras Road.

Financial Implications

The launch of Brigade Lakecrest represents a significant addition to Brigade Enterprises' residential portfolio. With a projected revenue potential surpassing Rs 950.00 crores, this development is poised to contribute substantially to the company's financial performance in the coming years.

Strategic Approach

These dual announcements reflect Brigade Enterprises' multi-pronged approach to real estate development:

1. Expanding its commercial and hospitality presence in Chennai
2. Strengthening its residential offerings in its home market of Bengaluru

As the real estate sector continues to evolve, Brigade Enterprises appears to be positioning itself to capitalize on diverse opportunities across different segments of the property market in South India.

Brigade Enterprises Limited (BEL) has announced the launch of its latest residential offering, Brigade Lakecrest, a premium development strategically located beside Bhattarahalli Lake on Old Madras Road, Bengaluru. This ambitious project marks a significant expansion of Brigade's footprint in one of India's most dynamic real estate markets.

Project Details

The Brigade Lakecrest project, developed under a Joint Development model, boasts impressive statistics:

Luxurious Amenities

Brigade Lakecrest is designed to offer a blend of luxury and natural beauty. Key features include:

• Expansive balconies with lake views
• A grand double-height clubhouse
• Generous open green spaces
• Layered landscape design
• Recreational zones

The project's location ensures excellent connectivity to major employment hubs and social infrastructure, including Whitefield, Marathahalli, and Indiranagar.

Strategic Importance

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, emphasized the strategic importance of this development, stating, "This development enhances our already strong presence in Bengaluru in a key submarket with excellent social infrastructure as well as growth potential. With its premium positioning and connectivity, Brigade Lakecrest strengthens our growth pipeline and reinforces our focus on sustainable expansion across South India."

Adapting to Modern Lifestyles

Recognizing the evolving needs of homebuyers, Brigade Lakecrest offers flexible living spaces. Select units feature dedicated areas for home offices or study rooms, catering to the increasing demand for work-from-home setups.

Corporate Governance Update

In a separate announcement, Brigade Enterprises Limited disclosed changes in its leadership team. Mr. Jayant B Manmadkar has resigned from his position as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) due to personal reasons, effective from October 9, 2025. The Board of Directors has appointed Mr. Pradyumna Krishna Kumar as the Interim CFO and KMP, effective October 10, 2025, until a permanent CFO is appointed.

Brigade Enterprises Limited continues to demonstrate its commitment to growth and adaptability in the dynamic Indian real estate market. With projects like Brigade Lakecrest and strategic corporate decisions, the company is positioning itself for sustained success in the coming years.