Brigade to launch 10 housing projects in FY24; to invest Rs 3,000 crore on construction

Brigade to Launch 10 Housing Projects in FY24 to Invest ₹ 3000 Crore on Construction

Realty firm Brigade Enterprises will launch 10 housing projects this fiscal across Bengaluru and Chennai with an estimated construction cost of Rs 3,000 crore as it looks to encash rising demand for residential properties, its MD Pavitra Shankar said.

In an interview with PTI, she sounded extremely bullish on India’s residential market and said the company would like to grow housing sales by 15-20 percent during the current 2023-24 fiscal.

“Overall, the last financial year was very good, primarily driven by our residential and hospitality business. Things in retail were also very good and the office was quite stable,” Pavitra said.