Business · Companies · 12 hrs ago
Brigade Enterprises targets ₹9,000 crore in FY27 home sales
Brigade Enterprises, a real estate company based in Bengaluru, expects its pre-sales to reach ₹9,000 crore in the 2026-27 financial year, a 21% increase.
Pre-sales are the value of homes booked by buyers.
Managing Director Pavitra Shankar said demand is strong, especially for homes priced at ₹1 crore to ₹3 crore.
She said the target depends on getting approvals in time to launch projects.
The company has 33 million square feet of projects under way and 16 million square feet in upcoming launches.
It also plans to invest ₹40,000 crore over the next three years in projects across South India, with about 70% of the investment going to housing.
The company says it will fund the investment through its own cash, customer advances and debt.
Brigade Enterprises expects home pre-sales to rise 21 per cent to ₹9,000 crore in fiscal 2026-27.
Managing Director Pavitra Shankar said the company is confident of meeting the target if it receives approvals in time to launch projects.
The company cited strong demand for mid-income and premium homes, especially apartments priced at ₹1 crore to ₹3 crore.
Brigade has 33 million square feet of ongoing projects and 16 million square feet of upcoming launches.
It has ruled out an immediate move into the Delhi-NCR and Mumbai Metropolitan Region markets.
- Who
- Brigade Enterprises Ltd, represented by Managing Director Pavitra Shankar.
- What
- The company expects pre-sales to grow 21 per cent to ₹9,000 crore in fiscal 2026-27.
- When
- Fiscal 2026-27.
- Where
- Brigade is based in Bengaluru and operates across major cities in South India.
- Why
- The company cited strong demand for mid-income and premium homes.
This story does not have two clearly opposing sides.
We have given an annual guidance of ₹9,000 crore. We are confident of achieving the number if we get approvals on time to launch our projects.
Brigade Enterprises announced plans to invest ₹40,000 crore over the next three years in projects across major cities in South India.
The company expects pre-sales of ₹9,000 crore, subject to receiving approvals on time for project launches.
- FY27 pre-sales target
- ₹9,000 crore
- Expected pre-sales growth
- 21 per cent
- Ongoing projects
- 33 million square feet
- Upcoming launches
- 16 million square feet
- Planned South India investment
- ₹40,000 crore over the next three years
Sources
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