Brigade Enterprises Files Regulatory Disclosure for ₹1,700 Crore Chennai Project Launch

2 min read     Updated on 27 Feb 2026, 06:09 PM
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Reviewed by
Jubin VScanX News Team
Overview

Brigade Enterprises has formally announced Brigade Stellaris residential project through regulatory filing, representing ₹1,700 crore investment on company-owned 5.19-acre Velachery Road site. The project features signature residences with strategic connectivity between Chennai's CBD and OMR IT corridor, emphasizing sustainable design and world-class amenities.

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*this image is generated using AI for illustrative purposes only.

Brigade Enterprises has formally announced the launch of Brigade Stellaris through a regulatory filing under Regulation 30, marking a significant expansion in the company's Chennai portfolio. The premium residential project represents a substantial investment with an estimated Gross Development Value (GDV) of ₹1,700 crores and demonstrates the company's commitment to transforming Chennai's residential landscape.

Regulatory Compliance and Project Details

The company filed the disclosure with both NSE and BSE exchanges, providing material information about the project launch as required under SEBI regulations. Brigade Stellaris will be developed on company-owned land, ensuring complete control over the development process and timeline.

Project Specifications: Details
Project Name: Brigade Stellaris
Location: Velachery Road, Chennai
Land Area: 5.19 acres
Estimated GDV: ₹1,700 crores
Land Ownership: Company-owned
Property Type: Signature Residences

Strategic Location and Connectivity

Brigade Stellaris is strategically positioned on a prime 5.19-acre land parcel on Velachery Road, Chennai. The project's location offers seamless connectivity, linking Chennai's Central Business District (CBD) with the rapidly growing IT Corridor of Old Mahabalipuram Road (OMR). This central positioning makes it an attractive proposition for urban professionals and families seeking luxury living with proximity to major employment hubs.

Development Vision and Features

The development will house an exclusive collection of "Signature Residences" that emphasize modern functionality and world-class amenities. Brigade Stellaris integrates sustainable design with high-end architecture, creating a sanctuary for urban professionals and families. The project aims to elevate the standard of urban living in one of Chennai's most vibrant and well-connected neighbourhoods.

Management Perspective

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, commented on the launch: "The launch of Brigade Stellaris is a definitive step in our mission to transform the Chennai skyline with residential landmarks that blend world-class quality with visionary architecture. As we continue to expand our footprint in Chennai, our focus remains on delivering high-quality construction that aligns with the global aspirations of our customers."

Company Profile

Company Details: Information
Established: 1986
Experience: Close to four decades
Cities: Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, GIFT City
Sectors: Residential, Office, Retail, Hospitality, Education
CIN: L85110KA1995PLC019126

Brigade Group operates as one of India's leading property developers with expertise in building positive experiences for stakeholders and has developed landmark buildings across multiple Indian cities.

Source: None/Company/INE791I01019/f61691f3-d5ba-4647-ab3a-4b261730f490.pdf

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-6.22%-8.70%-26.49%-29.11%+139.45%

Brigade Enterprises' M R Jaishankar Receives Lifetime Achievement Award at ET Real Estate Awards 2026

1 min read     Updated on 26 Feb 2026, 08:07 PM
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Reviewed by
Ashish TScanX News Team
Overview

M R Jaishankar, Executive Chairman of Brigade Enterprises Limited, has been awarded the Lifetime Achievement Award at The Economic Times Real Estate Awards 2026. The ceremony held on December 25 in Mumbai recognized his four-decade contribution to India's real estate sector. Under his leadership, Brigade Group has become one of India's most respected real estate developers, creating spaces that reflect trust, quality and endless possibilities.

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*this image is generated using AI for illustrative purposes only.

Brigade enterprises announced that M R Jaishankar, Executive Chairman of the company, has been honoured with the prestigious Lifetime Achievement Award at The Economic Times Real Estate Awards 2026. The recognition celebrates his exceptional contribution to India's real estate sector over four decades.

Award Recognition Details

The ceremony took place on December 25 in Mumbai, where industry leaders whose work has left a lasting impact on India's real estate landscape were celebrated. This honour recognizes Mr. Jaishankar's remarkable journey defined by vision, resilience, innovation, and an unwavering commitment to shaping cities and communities.

Award Details: Information
Award: Lifetime Achievement Award
Event: The Economic Times Real Estate Awards 2026
Date: December 25
Location: Mumbai
Recipient: M R Jaishankar, Executive Chairman

Leadership Impact

Under Mr. Jaishankar's leadership, Brigade Group has grown into one of India's most respected real estate developers, creating spaces that reflect trust, quality and endless possibilities. His four-decade-long journey in the industry has been marked by continuous learning, growth, and memorable experiences.

Reflecting on the recognition, M R Jaishankar expressed his gratitude: "The last 40 years in the real estate industry have been with learning, growth, and truly memorable experiences. I am grateful to have been part of an industry that builds not just structures, but aspirations and communities. I would like to thank The Economic Times for this honour and for recognising our journey."

Company Achievement

This prestigious award adds to Brigade Enterprises Limited's list of recognitions and reinforces the company's position as a leading real estate developer in India. The Brigade family has extended its warmest congratulations to Mr. Jaishankar on this well-deserved accolade.

The announcement was made through a regulatory filing under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, dated February 26, 2026.

Historical Stock Returns for Brigade Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-6.22%-8.70%-26.49%-29.11%+139.45%

More News on Brigade Enterprises

1 Year Returns:-29.11%