New Delhi, Mar 6 (PTI) Real estate company Brigade Enterprises expects Rs 1,700 crore revenue from its upcoming housing project in Chennai.

In a regulatory filing on Thursday, the company informed about the launch of 'Brigade Altius', a premium residential project with a revenue potential of Rs 1,700 crore.

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The project is located in Sholinganallur, in the heart of Chennai's dynamic IT corridor, and is spread over 6.5 acres with a total development area of 14 lakh square feet.

"Our focus is on the three big South Indian markets of Bengaluru, Chennai and Hyderabad. Chennai is set to become our second largest market after Bengaluru, and we aim to double our growth in the city across residential, commercial, retail and hospitality," Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. said.

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Established in 1986, Brigade Group is one of India's leading property developers with close to four decades of experience.

It has developed many projects across South India in the cities of Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum and Gift City, Gujarat with developments across housing, offices, retail and hotels.

(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)