Brigade Enterprises Limited Group Launches ‘Brigade Stellaris’ Residential Project in Chennai with Estimated GDV of ₹1,700 Crores

Brigade Group has announced the launch of its new residential development, ‘Brigade Stellaris,’ located on a 5.19-acre parcel on Velachery Road in Chennai. The project, owned by the Company, is estimated to have a Gross Development Value (GDV) of approximately ₹1,700 Crores. It will feature “Signature Residences” emphasizing modern design and world-class amenities, aimed at urban professionals near the CBD and OMR corridor.

Brigade Group Unveils New Chennai Development

Brigade Group confirmed the launch of its latest residential offering, ‘Brigade Stellaris,’ in Chennai on February 27, 2026. This development is situated on a prime 5.19-acre land parcel located on Velachery Road, which is owned entirely by the Company.

Project Valuation and Scale

The estimated Gross Development Value (GDV) for the ‘Brigade Stellaris’ project is set at approximately ₹1,700 Crores. The project is strategically positioned to offer seamless connectivity between Chennai’s Central Business District (CBD) and the rapidly expanding IT Corridor along the Old Mahabalipuram Road (OMR).

Vision for Urban Living

Pavitra Shankar, Managing Director of Brigade Enterprises Limited, stated that the launch signifies a key step in transforming the Chennai skyline with landmarks blending world-class quality and visionary architecture. The development will house an exclusive collection of “Signature Residences,” focusing on integrating sustainable design with high-end architecture to appeal to urban professionals and families.

About Brigade Group

Established in 1986, Brigade Group is highlighted as one of India’s leading property developers with nearly four decades of experience. The company has a broad portfolio spanning Residential, Office, Retail, Hospitality, and Education sectors across major Indian cities including Bengaluru, Chennai, Hyderabad, and Kochi.

Source: BSE

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