Brigade Group Sets ₹9,000 Crore Pre-Sales Goal for FY26, Eyes REIT Option

Real estate major Brigade Group is aiming for ₹9,000 crore in pre-sales in FY26, marking a 15% growth from the ₹7,800 crore achieved in FY25. According to Pradyumna Krishnakumar, Executive Director, this growth will be driven by new project launches and improved operations.

Residential Business Performance

The company expects its residential EBITDA margin to remain between 28–30% in FY26, despite higher costs for land, construction, and labour (which rose 8–10% in recent years). Brigade continues to focus on maintaining profitability above 25%.

Commercial Expansion and REIT Plans

Brigade plans to add 10 million sq. ft. of office area  in the next five years. The company is also considering launching a Real Estate Investment Trust (REIT) to monetise its growing commercial portfolio. At present, Brigade manages 9.5 million sq. ft., with 8.5 million sq. ft. already leased, generating around ₹1,000 crore in annual annuity income.

Ongoing Investments

Currently, 7–8 commercial projects worth ₹1,000 crore are under construction, with 40% of the investment already spent. Brigade is also expanding its Buzzworks managed workspace, targeting 5,000 new seats within 12–18 months in Bengaluru and Hyderabad.

Hospitality and Diversification

Brigade recently listed its hospitality arm on the stock exchange. The business is building around 1,700 hotel rooms, requiring investments of a few thousand crores. The group continues to grow across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Trivandrum, and GIFT City, with projects in residential, office, retail, hospitality, and education.

Read More: RBI Levies ₹44.7 Lakh Penalty on Bandhan Bank Over Compliance Issues.

Conclusion

Brigade Group is betting on strong housing demand and commercial leasing growth to boost revenues. With expansion across residential, office, hospitality, and co-working spaces, along with a potential REIT, the company is positioning itself for long-term sustainable growth.

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