News: Brigade announced the launch of its project Brigade Sanctuary. Spread across 14 acres on the Whitefield-Sarjapur Road, Brigade Sanctuary is a joint development comprising 1275 units with 1, 3 & 4 bedroom homes and has a gross revenue potential of ₹ 2,000 Cr. The total development area will be around 2 million sq. ft.
Views: Brigade has a strong residential launch pipeline of ~ 11 msf over the next 4 quarters which should drive sales volumes ahead. With lean balance sheet, well placed hospitality portfolio and likely ramp up in leasing ahead, Brigade is one of the well-placed realty developers poised for growth ahead.
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