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Brigade Group Launches Single Bed Project With Rs 400 Cr Revenue Potential

Brigade Group Launches Single Bed Project With Rs 400 Cr Revenue Potential

BY Realty Plus
Published - Saturday, 13 Jul, 2024
Brigade Group Launches Single Bed Project With Rs 400 Cr Revenue Potential

Leading Indian real estate developer, Brigade Group has announced the launch of the latest residential tower, Cobalt, at its expansive 50-acre township, Brigade El Dorado, located in KIADB Aerospace Park. The overall project size is around 6.1 million square feet including residential, shopping, wellness, and entertainment facilities. Comprising 948 one-bedroom apartments, the company has pegged the potential revenue value at over Rs 400 crores. The project is seamlessly designed to integrate contemporary living with the serenity of natural surroundings with over 40 acres of open spaces consisting of lush greenery and picturesque landscaping.

Amar Mysore, Executive Director, Brigade Enterprises Limited said, "In the recent past, there has been a surge in the number of multinational companies that have chosen to set up shop in North Bengaluru, creating a demand for skilled talent. This in turn has fuelled the growth and demand for high quality, sustainable real estate in the region. Potential home buyers in the region are primarily millennials, who aren’t just looking for houses, but rather accommodations that mirror their accomplishments and match their aspirations. Cobalt at Brigade El Dorado fits perfectly into that demand, with its innovative design, commitment to sustainability, and a host of amenities; promising a living experience that impeccably blends the comforts of contemporary living with the tranquillity of nature." 

This tower is expected to be completed by Q2 FY 29. Part of the all-encompassing Brigade El Dorado, residents will enjoy a diverse range of over 80 amenities, including a hospital, a central park, a multiplex, sports and retail facilities. The development is situated just 15 minutes away from Kempegowda International Airport and many other commercial establishments, IT Parks, and the upcoming airport metro in its vicinity. Clean wide roads, scenic greenery and impeccable infrastructure are characteristic to the region. 

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