Brigade Group plans Rs 40,000 Cr investment over 3 years for growth
BRIGADE · price
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Brigade Group completing 40 years announced a 3-year growth roadmap with investment outlay of around Rs 40,000 crores for a 40 million sq ft development pipeline across residential, commercial, retail, hospitality and warehousing. Secured 3 new World Trade Centre licences. Expanding Orion brand to Chennai and Hyderabad. Funding via internal accruals, project financing and partnerships. Expected to generate around 23,000 jobs.
Signals aggressive 3-year expansion into new cities and asset classes. Positive outlook given Rs 40,000 Cr investment plan.