Brigade Enterprises Files Regulatory Disclosure for ₹1,700 Crore Chennai Project Launch
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.09% | -6.22% | -8.70% | -26.49% | -29.11% | +139.45% |


































