Brigade Enterprises Launches Rs 600 Cr Project in Coimbatore
By ThePip Desk
Brigade Enterprises expands its South India portfolio with a Rs 600 crore residential project in Coimbatore’s IT hub, Saravanampatti.
Brigade Enterprises has strategically expanded its residential footprint into Coimbatore, initiating a new development project. This move, valued at approximately Rs 600 crore in Gross Development Value (GDV), marks a significant step for the company in South India.
Strategic Market Entry in Coimbatore
The project is situated on 5.4 acres in Saravanampatti, a key area within Coimbatore’s robust IT corridor. This location provides crucial access to major Special Economic Zones (SEZs) and IT parks.
- Convenient access to major SEZs and IT parks.
- Proximity to essential social infrastructure.
- Includes educational institutions.
- Encompasses retail malls.
- Features hospitals nearby.
Key Project Numbers
- Gross Development Value (GDV): Rs 600 crore
- Land Area: 5.4 acres
This venture significantly bolsters Brigade Enterprises’ residential presence across South India. The company, a flagship entity of Brigade Group, typically focuses on property development in Bangalore and Mysore.
Brigade’s Broader Portfolio
- Developing residential properties.
- Engaged in commercial property development.
- Involved in retail property development.
- Manages serviced apartments under the Brigade Homestead brand.
This strategic entry into Coimbatore leverages the city’s growth corridors, aligning with Brigade’s established expertise in the region.