Brigade Enterprises collaborates for 4-acre project in Mysuru

05 Dec 2023 CW Team

Brigade Enterprises has engaged in a joint development agreement with landowners to undertake the development of a residential project spanning four acres in Kurubarahalli, Mysuru.

It was disclosed that the developable area of the project would encompass about 0.40 million sq ft, with a gross development value (GDV) amounting to Rs 3 billion.

Pavitra Shankar, the managing director of the company, mentioned that the luxury project would feature spacious units, including penthouses.

In a recent development, the company introduced a residential project named Brigade Sanctuary, covering 14 acres on the Whitefield-Sarjapur Road in Bengaluru. This project, also a joint development, holds a gross revenue potential of Rs 2,000 crore and a total development area of approximately 2 million sq ft.

Shankar remarked, "There has been a noticeable surge in demand for premium residences in Bengaluru. The appeal of homes and community living has risen significantly."

Looking ahead, Brigade Group has outlined a pipeline of around 13 million sq ft in Bengaluru, Hyderabad, and Chennai for the next year, with 11 million sq ft attributed to residential projects.

Infrastructure Urban

23 May 2025

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Infrastructure Urban

23 May 2025

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi鈥檚 daily average Air Quality Index (AQI) clocked 213 (鈥楶oor鈥� category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording 鈥楶oor鈥� air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Infrastructure Urban

23 May 2025

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of 鈥淔inancial Fraud Risk Indicator (FRI)鈥� with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the 鈥淔inancial ..