Brigade Group, has announced expansion plans in the residential and hospitality sectors in Chennai. The company has signed a joint development agreement with PVP Ventures Limited to develop 2.5 million square feet, high- rise residential project, spread across 16 acres in the bustling neighbourhood of Perambur, Chennai with a revenue potential of about 2000 Crores. Brigade has also signed a 45-year lease agreement to build a 250-room resort on East Coast Road (ECR), and is in talks with leading hoteliers for management of operations.
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Other stock markets
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5-day change | 1st Jan Change | ||
32.1 INR | -3.31% | +2.56% | +122.15% |
Stocks mentioned in the article
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5d. change
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Capi.
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1,022 INR | -1.63% | +0.65% | 2.83B | ||
32.1 INR | -3.31% | +2.56% | 99.81M | ||
1st Jan change | Capi. | |
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+122.15% | 99.81M | |
+36.16% | 27.94B | |
-13.74% | 26.97B | |
+25.00% | 26.95B | |
-0.71% | 25.32B | |
+44.49% | 22.58B | |
+2.78% | 19.59B | |
+1.45% | 19.52B | |
+28.54% | 16.23B | |
-14.80% | 14.98B |
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- Brigade Group to Expand its Residential and Hospitality Portfolios in Chennai