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The said project is located along the Sholinganallur-Medavakkam road in Chennai. With a gross development value of approximately Rs 2,100 crore, project spans 14.7 acres, features three towers housing thoughtfully designed units comprising of 2, 3 and 4 BHK apartments with sizes extending up to 2,599 sq. ft. The project has a total development potential of 2.2 million square feet. This project will set new benchmarks for integrated residential communities and will be developed under a joint development agreement (JDA), reinforcing Brigade Group's commitment to deliver landmark projects that redefine urban living in the city. The 1,250 unit development is strategically located just 150 meters from the upcoming Classical Tamil Institute Metro Station, ensuring exceptional connectivity to Chennai's thriving IT hubs, including Elcot IT Park, Wipro, and Cognizant'all within a 10-minute radius. Pavitra Shankar, managing director, Brigade Enterprises, said, 'Chennai continues to be a vital market for Brigade Group, and this expansion aligns with our vision of delivering high-quality residential developments in upcoming urban corridors. We will continue to actively identify opportunities to develop landmark projects that cater to diverse residential needs with sustainable and community-driven development. Our expansion strategy is built on a strong foundation of delivering excellence in real estate, with a balanced mix of residential, commercial, and mixed-use developments. With its prime location, proximity to IT hubs, and a serene green backdrop, Brigade Morgan Heights will offer an unparalleled living experience. We remain committed to creating spaces that seamlessly integrate comfort, sustainability, and modern living.' Brigade Enterprises is one of India's leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels. The company reported a 19.76% jump in consolidated net profit to Rs 246.82 crore in Q4 FY25 as against Rs 206.09 crore reported in Q4 FY24. However, revenue from operations fell 14.21% year-on-year (YoY) to Rs 1,460.39 crore in the quarter ended 31 March 2025. The counter rose 0.95% to settle at Rs 1,144.55 on the BSE. Powered by Capital Market - Live News |