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 | ||
31.1 INR | -4.60% | -3.12% | +115.22% |
Stocks mentioned in the article
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Change
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5d. change
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Capi.
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1,031 INR | +1.64% | +5.73% | 2.81B | ||
31.1 INR | -4.60% | -3.12% | 101M | ||
1st Jan change | Capi. | |
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+115.22% | 101M | |
+38.16% | 28.07B | |
-13.85% | 26.92B | |
+22.78% | 26.28B | |
+1.61% | 26.06B | |
+47.01% | 22.69B | |
+5.96% | 20.3B | |
+3.66% | 19.59B | |
+28.76% | 16.31B | |
-10.00% | 15.21B |
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- Brigade Group to Expand its Residential and Hospitality Portfolios in Chennai