Brigade Enterprises Limited is investing ₹4,500 crore to expand its real estate portfolio, focusing on residential, commercial, and hospitality sectors.
Brigade Group Launches Landmark Mixed-Use Development in Hyderabad
The Brigade Group has announced the launch of its latest mixed-use development, “Brigade Gateway at Neopolis,” spanning approximately 10 acres in the upscale locality of Kokapet, Hyderabad. This ambitious project is set to redefine urban living with its integrated design, which combines residential, commercial, hospitality, and retail spaces.
Highlights
A key highlight of this development is the inclusion of a World Trade Center, a 300+ key InterContinental Hotel, and Brigade’s flagship lifestyle destination, Orion Mall. Additionally, the project will feature premium residential towers comprising 600 high-end residences in 3, 4, and duplex 5-bedroom configurations, spread across 58 floors. These residences are poised to become some of the tallest buildings in Hyderabad.
A Landmark of Sustainability and Luxury
The commercial tower within the project, standing at 212 meters, will house Orion Mall on its first seven floors, followed by 22 floors of the World Trade Center, 12 floors dedicated to the InterContinental Hotel, and two floors for serviced residences. With a revenue potential of approximately ₹3,300 crores, the development emphasizes sustainability and seamless integration across asset classes.
Offerings
The World Trade Center will offer state-of-the-art office spaces with expansive floor plates of up to 4,000 square meters. Brigade Gateway at Neopolis is designed to set a new benchmark in luxury and convenience, making it a landmark destination in Hyderabad.
About Brigade Enterprises Limited
Brigade Enterprises, founded in 1986 by M.R. Jaishankar, is a Bangalore-based real estate firm specialising in residential, commercial, retail, and hospitality projects. With operations in cities like Bangalore, Hyderabad, and Chennai, the company owns assets such as Orion Malls and hotels and has won several industry awards.
Brigade Enterprises Share Performance
As of January 9, 2025, 10:00 AM, the shares are trading at ₹1,216.65, reflecting a slight 0.41% decline from the previous day’s closing. The stock has experienced a 2.36% drop over the past month, but it has surged by 32.13% over the last year. Its 52-week high stands at ₹1,453, while the 52-week low is ₹827.
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Published on: Jan 9, 2025, 3:53 PM IST
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