Domestic markets closed marginally lower last week, reflecting a consolidative tone amid mixed global cues. In today’s trade, shares of Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors among others will be in focus due to various news developments. Zydus LifeZydus Lifesciences has received final approval from the US Food and Drug Administration (USFDA) to…
Brigade Enterprises shares surged 3.8% to an intraday high of Rs 994.90 on the BSE on Friday after the realty firm launched Brigade Altius, a premium residential project in Sholinganallur, Chennai’s IT corridor.Spanning 6.5 acres with a total development area of 1.4 million square feet, the project features three 43-floor towers, rising to approximately 143…
Property developers and institutional investors are strategically entering and expanding their investments in the managed office space sector, driven by the increasing demand among corporations prioritising agility and the necessity for scalable, customised office solutions.The trend has prompted real estate developers and institutional funds-including CapitaLand, Prestige, Bagmane, RMZ, Embassy Group, and Brigade Group-to enhance their…
MUMBAI: The residential sales across India’s top seven cities are expected to witness double digit growth in 2024-25. The area sold in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru, Hyderabad, Pune, Kolkata, Chennai is likely to increase 10-12% to 785-800 million sq ft in the current financial year, on a high base of…
Bengaluru: Realty firm Brigade Enterprises Ltd on Wednesday announced an investment of Rs 8,000 crore in Chennai property market for development of housing, commercial and hotel projects. In a regulatory filing, Brigade informed that “the company has planned an investment of over Rs 8,000 crores by 2030 in Chennai to expand its business in the…
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