BRIGADENSEBrigade Enterprises Limited· ConstructionHighPositive
Announced Thu, 26 Mar · 11:22 IST

Brigade Enterprises Limited has informed the Exchange about Material Information - Brigade Group Launches Brigade Lumina in Bengaluru with a Revenue Potential of over Rs. 700 Crores

Order Above 5pct RevenueBusiness Updates View source PDF

BRIGADE · price

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Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹668.00
prior close
₹675.00
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AI summary

Brigade Enterprises has launched a new residential project called Brigade Lumina in Northwest Bengaluru on Tumkur Main Road. The project spans 4.11 acres and is a net-zero carbon joint development offering 2 and 3 BHK units of 1,100 to 1,800 sq ft. It carries an estimated revenue potential of over ₹700 crores. The site is a 5-minute walk from Manjunathanagara Metro Station on Namma Metro's Green Line, giving it strong connectivity. Amenities include a 15,000+ sq ft clubhouse, sports courts, swimming pool, and dedicated zones for children and pets. Brigade highlighted the project's premium positioning and sustainability features as key differentiators.

Likely market impact

This is a positive development for shareholders as it adds a new project with ₹700+ crore revenue potential to Brigade's pipeline, supporting future topline growth. The metro-adjacent location and net-zero carbon design may attract premium buyers and improve project absorption and pricing power.