
Press Release15 Apr 2024, 07:04 pm
Brigade Enterprises to Invest 2400 Crores in Developing Grade A Office Space in Chennai
AI Summary
Brigade Enterprises Limited has entered into a joint development agreement with Agni Estates & Foundations Pvt Ltd to develop Brigade Tech Boulevard, a Grade A office space in Chennai. The project will have a leasable area of 8.36 lakh sft spread across two towers, with a total investment of around 2400 crores.
Key Highlights
- Brigade Enterprises and Agni Estates & Foundations entered into a JDA to develop Brigade Tech Boulevard, a Grade A office space in Chennai.
- The project will have a leasable area of 8.36 lakh sft and a total investment of 2400 crores.
- Ms. Nirupa Shankar, Joint MD of Brigade Enterprises, is confident about the leasing momentum given past pre-leasing commitments on Radial Road.
- Mr. R. N Jayaprakash, Chairman of Agni Estates & Foundations, commented on their partnership with Brigade's unparalleled focus on innovation and quality.
- Brigade's previous successes include the Holiday Inn Hotel and Brigade Xanadu Residential township