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Brigade Enterprises has signed a Joint Development Agreement for a marquee residential project in West Chennai, marking a strategic expansion in one of its fastest-growing markets.
Brigade Enterprises Limited, one of India’s leading real estate developers, has signed a Joint Development Agreement (JDA) for a prime 6.6-acre land parcel located in West Chennai. The estimated Gross Development Value (GDV) of the project is Rs 1,000 crore, and it is poised to deliver a premium residential project that caters to the city’s evolving urban aspirations. Strategically situated on a major arterial corridor, the site offers seamless connectivity to Chennai’s industrial and peripheral business districts, making it ideal for an integrated, future-ready community.
Commenting on the agreement, Ms. Pavitra Shankar, Managing Director, Brigade Enterprises Limited, said, “Chennai is our second-largest market, and this joint venture is a key step in deepening our presence and expanding our portfolio in the city. Chennai's real estate market is on a strong growth trajectory, driven by robust infrastructure and sustained demand from both end-users and investors. This new residential development reinforces our goal of securing marquee land parcels in prime locations to deliver integrated, high-quality projects that meet the demands of Chennai's discerning homebuyers.”
The project will be developed by Brigade and will feature thoughtfully designed apartments, lifestyle amenities, and ESG-aligned infrastructure and is expected to be launched in 2026, subject to regulatory approvals.
