Brigade Enterprises Limited has informed the Exchange regarding a press release dated August 23, 2025, titled "Brigade Lakecrest Unveiled: A Serene Lakeside Enclave on Old Madras Road, Bengaluru".
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Brigade Enterprises has launched 'Brigade Lakecrest', a new premium residential project on Old Madras Road in Bengaluru, beside Bhattarahalli Lake. The project will be developed under a Joint Development model covering approximately 9.33 lakh square feet, with a projected revenue potential of over ₹950 crore. It will feature 604 premium 1, 2, and 3 BHK residences, has already received RERA approval (June 2025), and is scheduled for completion in March 2030. The company highlighted the project's strong connectivity to employment hubs like Whitefield, Marathahalli, and Indiranagar.
The launch adds a sizeable ₹950+ crore project to Brigade's Bengaluru pipeline, reinforcing its growth in the South India residential market. Positive for sentiment, though the revenue will be realised over several years until the 2030 completion.