Brigade Group has announced the launch of its latest premium residential project Brigade Avalon, a strategic addition to the company's residential portfolio in Bengaluru. With a development area of approximately 6.4 lakh square feet and a projected revenue potential of over ₹1000 crore, Brigade Avalon is located on Whitefield Main Road. The project is spread across 4.36 acres and is designed to redefine upscale urban living. Brigade Avalon comprises 206 thoughtfully crafted homes that blend architectural grandeur with everyday practicality.
"The launch of Brigade Avalon marks a significant step in our strategic growth roadmap for Bengaluru and reinforces our commitment to be a key player that shapes the future of urban living across South India. Whitefield is a high-priority micro-market for us, and with Avalon, we will be introducing a community designed to elevate the residential experience through thoughtful design, premium amenities, and long-term value creation. Furthermore, this project aligns with our premiumisation strategy across design, marketing, sustainability and site experience," said Pavitra Shankar, Managing Director, Brigade Enterprises Limited.
Situated in one of Bengaluru's most sought-after localities, Brigade Avalon offers seamless access to corporate hubs, malls, schools, hospitals, and vibrant retail zones. The project features spacious 3 BHK homes with a study and powder room, as well as expansive 4 BHK residences. Its facade offers a bold architectural identity, complementing residences that open out to expansive private decks and light-filled interiors. The project also integrates flexible home-office spaces, catering to modern hybrid lifestyles. One of the highlights of Brigade Avalon is its grand clubhouse which is meticulously designed with premium amenities for all age groups.
Shares of Brigade Enterprises Limited was last trading in BSE at Rs. 1057.05 as compared to the previous close of Rs. 1060.60. The total number of shares traded during the day was 21328 in over 1008 trades.
The stock hit an intraday high of Rs. 1065.70 and intraday low of 1041.35. The net turnover during the day was Rs. 22550291.00.