Brigade Enterprises Ltd, a Bengaluru-based real estate developer, has announced its entry into Coimbatore with plans to develop a residential project in Saravanampatti through a Joint Development Agreement (JDA).
The project will be spread across 5.4 acres and is expected to have a Gross Development Value (GDV) of approximately ₹600 crore.
Project targets Coimbatore’s IT belt
The project is located in the city’s IT corridor, with access to Special Economic Zones, IT parks and social infrastructure.
The location also offers connectivity to educational institutions, retail malls and hospitals, positioning the development to benefit from the city’s expanding employment and residential demand.
Focus on South India expansion
“Coimbatore has all the fundamentals of a high-growth real estate market: a diversified economy, a deep talent pool, strong social infrastructure and a robust pipeline of infrastructure investments,” Brigade Enterprises, Managing Director, Pavitra Shankar, said.
“As the city continues to attract businesses, professionals and families, demand for quality real estate is set to accelerate,” she said.
Brigade expands Tamil Nadu footprint
“Our entry into Coimbatore is a strategic step in Brigade’s growth journey across South India, and we are excited to bring our multi-domain development expertise to a market that is poised for its next phase of transformation,” she said.
Brigade Group has been present in Tamil Nadu for more than a decade, with developments across residential, commercial, retail and hospitality segments.
16 million sq. ft. pipeline in Chennai
Its completed developments in the State include World Trade Center Chennai, Brigade Residences at World Trade Center Chennai, Brigade Xanadu, Brigade Vantage and Holiday Inn Chennai OMR IT Expressway.
Brigade Group has a cumulative project pipeline of about 16 million sq. ft. in Chennai. The Coimbatore entry further expands its residential presence in South India.