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Brigade Enterprises Unveils Brigade Altius in Chennai with ₹1,700 Crore Potential

Synopsis:

Brigade Enterprises has launched Brigade Altius, a premium residential project in Chennai’s Sholinganallur IT corridor. Covering 6.5 acres, it includes three 43-floor towers with 1.4 million sq. ft. of development. Brigade Enterprises share price closed at ₹962.70, down 0.39% on the BSE.


Real estate developer Brigade Enterprises Ltd has introduced Brigade Altius, a luxury residential project in Sholinganallur, Chennai. The 6.5-acre development spans 1.4 million square feet and comprises three signature towers, each soaring 43 floors to a height of 143 metres, making it one of the tallest residential projects in the region.

Brigade Altius has a revenue potential of ₹1,700 crore and is set to become a landmark in Chennai’s dynamic IT corridor. The project boasts a unique design with no shared walls between units, ensuring privacy for residents. Additionally, a sky bridge connects the towers, offering exclusive recreational spaces.

Also read: TCS Expands Partnership with Northern Trust to Modernise Securities Services

BRIGADE ENTER. LTD

Trade

10227.90 (0.77 %)

Updated - 30 April 2025
1042.50day high
DAY HIGH
996.20day low
DAY LOW
449921
VOLUME (BSE)

Key Takeaways:

  • Brigade Enterprises launches Brigade Altius in Chennai’s IT corridor, spanning 6.5 acres.

  • The project includes three 43-floor towers, reaching 143 metres in height.

  • Brigade Altius offers a development area of 1.4 million square feet.

  • It has an estimated revenue potential of ₹1,700 crore.

  • Brigade Enterprises share price closed at ₹962.70, down 0.39% on the BSE.

Also read: Biocon Biologics Partners with Civica to Supply Affordable Insulin in US

Premium Living with Exclusive Amenities

Brigade Altius offers a range of luxury amenities, spread across 50,000 square feet, catering to various recreational and lifestyle needs. Residents will benefit from state-of-the-art facilities, including a clubhouse, landscaped gardens, fitness centres, and sports zones, designed to provide a modern living experience.

Strategically located in Sholinganallur, the project ensures seamless connectivity to Chennai’s major business hubs, IT parks, and entertainment zones, making it a sought-after choice for homebuyers and investors.

Brigade Altius: Project Highlights

Feature

Details

Project Name

Brigade Altius

Location

Sholinganallur, Chennai

Development Area

1.4 million sq. ft.

Total Towers

3

Height

43 floors (143 metres)

Revenue Potential

₹1,700 crore

Amenities Space

50,000 sq. ft.

Brigade Enterprises Share Price Movement

Despite the major project announcement, Brigade Enterprises share price ended at ₹962.70 on the BSE, reflecting a decline of ₹3.75 or 0.39%. Market fluctuations and broader real estate sector trends likely influenced the stock movement. However, with Chennai positioned as the company’s second-largest market, future developments may drive renewed investor interest.

Brigade Altius marks a significant expansion for Brigade Enterprises in Chennai, reinforcing its commitment to premium residential projects. With an ambitious ₹1,700 crore revenue potential, this high-rise development offers a blend of modern architecture, strategic location, and luxury living. As the project progresses, market observers will keep a close watch on Brigade Enterprises share price for future growth trends.

Also read: BEL Secures ₹577 Crore in New Orders; FY25 Order Book Reaches ₹13,724 Crore

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Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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