Bengaluru, Jun 27 (PTI) Realty firm Brigade Enterprises on Thursday said it has launched a new housing project with a revenue potential of Rs 1,100 crore.

The project 'Brigade Insignia' is located at Yelahanka, Bengaluru, and comprises 379 units.

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"The project has a revenue potential of Rs 1,100 crore," the company said in a statement.

Pavitra Shankar, Managing Director of Brigade Enterprises Ltd, said, "Demand for residential projects is currently high, and the segment is witnessing steady growth. This project is set to ride on that demand and is part of our 11 million square feet expansion plan in the residential space and will be ideal, both as an investment and for ownership."

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Apartments at Brigade Insignia are available at a ticket size ranging from Rs 3 crore to Rs 9 crore. The project is expected to be completed in June 2029.

Brigade Group is one of India's leading property developers. Instituted in 1986, the company has developed many projects across South Indian cities - Bengaluru, Mysuru, Hyderabad, Chennai and Kochi. It has a presence in residential, commercial, retail, hospitality and education sectors.

Since its inception, Brigade has completed 275-plus buildings comprising over 80 million sq ft of developed space across a diverse real estate portfolio.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)