Stock Report

Brigade Enterprises Launches Brigade Sanctuary

Posted On : 2023-12-01 19:12:51( TIMEZONE : IST )

Brigade Enterprises Launches Brigade Sanctuary

Brigade Enterprises, a leading real estate developer in India, announces the launch of Brigade Sanctuary, a prestigious residential project designed to seamlessly integrate contemporary living with the serenity of natural surroundings. Spread across 14 acres on the Whitefield-Sarjapur Road, Brigade Sanctuary is a joint development comprising 1275 units with 1, 3 & 4 bedroom homes and has a gross revenue potential of Rs. 2,000 Cr. The total development area will be around 2 million sq. ft.

Strategically located with convenient access to Sarjapur, Varthur, Whitefield, and the outer ring road, the development is designed with meticulous attention to comfort, functionality, and aesthetics. The project is uniquely situated amidst renowned international educational institutions and is in close proximity to the upcoming Dommasandra metro station.

Pavitra Shankar, MD Brigade Group said, "There has been a notable surge in demand for premium residences in Bengaluru. The appeal of homes and community living has risen significantly, especially among millennials. Brigade Sanctuary with its innovative design, commitment to sustainability, and a host of amenities, promises a living experience that blends the comforts of contemporary living with the tranquility of natural surroundings."

Brigade Group is committed to retaining over 500 trees within the project, preserving the natural beauty of the landscape. The project will have over 80% of open spaces, provide a diverse range of recreational and wellness options for residents including a 32,000 sqft clubhouse, and over 35 modern amenities catering to residents of all age groups. Embracing nature, the development includes a wooded Area, orchard, hammock garden, outdoor camping site, aromatic garden, and a Rainwater Harvesting Pond. The RERA date for completion is December 2028.

Shares of Brigade Enterprises Limited was last trading in BSE at Rs. 837.95 as compared to the previous close of Rs. 816.20. The total number of shares traded during the day was 49026 in over 3382 trades.

The stock hit an intraday high of Rs. 933.55 and intraday low of 814.95. The net turnover during the day was Rs. 42621447.00.

Source : Equity Bulls


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