Latest news with #BrigadeGroup
Time of India
5 hours ago
- Business
- Time of India
Brigade Group to jointly develop two residential projects in Hyderabad
NEW DELHI: Brigade Group has signed joint development agreements (JDAs) for upcoming residential projects in Moti Nagar, Hyderabad – Brigade Citadel 2 and Citadel 3. "This expansion marks a strategic step in our scalable and sustainable growth in Hyderabad, one of our key focus markets in South will continue to scout for land parcels that align with our growth vision, design philosophy, and standards of quality,' said Amar Mysore , executive director, Brigade Enterprises . Together, the projects span a total development potential of approximately one million sq ft, with an estimated revenue potential exceeding ₹970 crore. The developments, spread across 10 acres of prime land, will feature 405 3 & 4 BHK homes.
Hindustan Times
13 hours ago
- Business
- Hindustan Times
Brigade Group inks JDA for two residential projects in Hyderabad, eyes ₹970 crore revenue
Bengaluru-based real estate developer Brigade Group has signed Joint Development Agreements (JDAs) for two new residential projects in Hyderabad with an estimated revenue potential of over ₹970 crore, the company said in a statement. Brigade Group said it has signed JDAs for two Hyderabad residential projects with over ₹ 970 crore revenue potential. (Representational photo)(Pixabay) In a regulatory filing on July 29, the company informed that it has signed Joint Development Agreements (JDAs) for upcoming residential projects in Moti Nagar, Hyderabad—Brigade Citadel 2 and Citadel 3, located in central Hyderabad's Moti Nagar. Together, the projects span a total development potential of over 1 million square feet and will add 405 luxury homes, designed as 3—and 4-BHK apartments, set in low-rise enclaves. 'This expansion marks a strategic step in our scalable and sustainable growth in Hyderabad,' said Amar Mysore, executive director, Brigade Enterprises Limited. 'We aim to deliver high-quality, premium living experiences. These meticulously designed luxury apartments embody our vision to create lasting communities and iconic landmarks that redefine Hyderabad's skyline.' Set in a sought-after micromarket in Moti Nagar, the projects will have open green spaces and a low-rise development model, which is rare in central Hyderabad, the company said. Also Read: Brigade Group launches luxury residential project in Bengaluru, eyes ₹1,000 crore revenue Previous residential launches Previously, the Brigade Group launched an ultra-premium residential project, Brigade Avalon, in Bengaluru's Whitefield. With a development area of approximately 6.4 lakh square feet, the project is expected to generate revenue of over ₹1,000 crore. In January, Brigade Group signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road with a development potential of ₹2700 crore. Sprawling across 20 acres, the residential project will have a total saleable area of approximately 2.5 million sq ft and a total land cost of about ₹630 crore through its subsidiary Ananthay Properties Private Limited. Also Read: Brigade Group to develop its first plotted development in East Bengaluru, eyes ₹175 crore The company announced on April 21 that the Group also signed a joint development agreement for a new plotted development project in East Bengaluru with a Gross Development Value (GDV) of ₹175 crore. The company has a pipeline of upcoming residential projects, with approximately 12.61 million square feet of new developments across Bengaluru, Chennai, and Hyderabad.
Time of India
15 hours ago
- General
- Time of India
Viral: Chinese delivery worker cries over 10-hour shifts, says life punishes him with hunger
In an age where convenience is a tap away and food can reach our doorsteps in minutes, we often tend to forget the people behind these services, those who pedal through cities for hours in the sun, rain, or cold to ensure timely deliveries. Although the rise of gig economy jobs has created opportunities, it has also exposed workers to instability, mental stress, and a lack of basic security. Delivery riders, in particular, face long hours, unpredictable pay, and little protection. Recently, one such food delivery worker from China made headlines after his raw and emotional video surfaced online. The man candidly opened up about the weight of his daily struggles and his biggest regret. What did the Chinese delivery boy say in the video? A Chinese food delivery worker recently went viral on Instagram after posting an emotional video revealing the tough realities of his daily life. The man, who said he never went to university, broke down in tears while still wearing his work uniform. In the video, he opened up about the mental and physical exhaustion he faces working in the gig economy, and the regret that continues to haunt him for leaving school too early. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Brigade™ Insignia. 3, 4 & 5 BHK Starting at ₹3.39 Cr* Brigade Group Learn More Undo According to the video caption shared on Instagram, the man said he delivers food for continuous hours during the day with no breaks and no long-term stability. "And now? I deliver food for over 10 hours a day, exhausted like a dog. I don't dare slack off even for a second, because the moment I do, life punishes me with an empty stomach. How could I not feel anxious?" he shared. The emotional confession revealed the harsh truth behind the gig economy many don't see. He said, 'Despite my teacher's warning me against dropping out of school,' he remembered, 'I did so and now I realise the importance of their advice.' He expressed frustration over not being able to support his aging parents or build a life of his own. 'I can't give my parents the life they deserve, I can't even live the life the way I want either. It breaks my heart. But who can I even talk to about it?' he added. Social media response The video touched many online. As reported on Instagram, one user commented, 'Oh brother, don't cry, even people who graduated struggle nowadays, don't worry.' Another said, 'Being born to parents who can give you opportunities is such a blessing many don't understand.' Another user said, 'Sir I have an education and am in the same situation as you.' Tragically, stories like this are not rare. In Hangzhou last year, a 55-year-old delivery worker reportedly died after falling asleep on his electric bike following an exhausting 18-hour shift.
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Business Standard
15 hours ago
- Business
- Business Standard
Brigade to launch 405 luxury homes in Hyderabad with ₹970 crore target
Bengaluru-based real estate major Brigade Group has signed joint development agreements (JDAs) for 1 million square feet of residential development—Brigade Citadel 2 and Citadel 3—in Moti Nagar, Hyderabad, the same location where it launched Brigade Citadel in January 2021. According to the company's statement, the new projects have a projected revenue potential of ₹970 crore and are intended to build on the success and momentum of the first phase. Spread across 10 acres of prime land, the developments will offer 405 luxury residences tailored to the aspirations of modern homebuyers. Located within the same established micromarket as Brigade Citadel, these two new launches mark a strategic expansion in one of the Group's key South Indian markets. 'This expansion marks a strategic step in our scalable and sustainable growth in Hyderabad, one of our key focus markets in South India. Our aim is to deliver high-quality, premium living experiences for our stakeholders. These meticulously designed luxury apartments embody our vision to create lasting communities and iconic landmarks that redefine Hyderabad's skyline. We will continue to scout for land parcels that align with our growth vision, design philosophy, and standards of quality,' said Amar Mysore, executive director, Brigade Enterprises Limited. Brigade noted that the projects will offer 3 and 4 BHK homes nestled within low-rise, exclusive enclaves. With a focus on architecture, open space planning, and resident wellbeing, these developments are focused in the luxury segment. The real estate developer operates in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City, with projects spanning the residential, office, retail, hospitality, and education sectors. Earlier this year, Brigade announced plans to invest ₹4,500 crore in a 10-acre mixed-use development in Hyderabad. The project will feature a World Trade Centre, a mall, a hotel, and Brigade Gateway Residences, one of the tallest buildings in the city, offering around 600 premium homes.
Hindustan Times
a day ago
- Business
- Hindustan Times
Brigade Group launches luxury residential project in Bengaluru, eyes ₹1,000 crore revenue
Bengaluru-based listed real estate developer Brigade Group has launched an ultra-premium residential project, Brigade Avalon, in Bengaluru's Whitefield, the company said in a statement. With a development area of approximately 6.4 lakh square feet, the project is expected to generate revenue of over ₹1,000 crore. Brigade Group has launched Brigade Avalon, an ultra-premium residential project in Whitefield, Bengaluru, with a projected revenue of over ₹ 1,000 crore. (Representational Image)(File Photo ) Spread across 4.36 acres on Whitefield Main Road, Brigade Avalon will offer 206 3BHK and 4BHK homes. It also includes flexible home-office spaces in line with evolving hybrid work trends. 'The launch of Brigade Avalon marks a significant step in our strategic growth roadmap for Bengaluru and reinforces our commitment to shaping the future of urban living across South India,' said Pavitra Shankar, managing director, Brigade Enterprises Limited. 'Whitefield is a high-priority micro-market for us, and with Avalon, we are introducing a thoughtfully designed community with premium amenities and long-term value.' The project also includes a clubhouse equipped with high-end amenities for all age groups. Also Read: Brigade Group to develop its first plotted development in East Bengaluru, eyes ₹175 crore Previous launches In January, Brigade Group signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road with a development potential of ₹2700 crore. Sprawling across 20 acres, the residential project will have a total saleable area of approximately 2.5 million sq ft and a total land cost of about ₹630 crore through its subsidiary Ananthay Properties Private Limited. Also Read: Brigade Group acquires Bengaluru land near IT parks, to develop ₹5,200 cr mixed-use project The Group also signed a joint development agreement for a new plotted development project in East Bengaluru with a Gross Development Value (GDV) of ₹175 crore, the company announced on April 21. Currently, the company has a pipeline of upcoming residential projects, with approximately 12.61 million square feet of new developments across Bengaluru, Chennai, and Hyderabad.
