Brigade Enterprises Share Price in Focus; Launches ₹1,700 Crore ‘Brigade Stellaris’ Project in Chennai

Brigade Enterprises Ltd has launched a residential project, Brigade Stellaris, in Chennai. The development will come up on a 5.19-acre land parcel on Velachery Road owned by the company, with an estimated gross development value (GDV) of around ₹1,700 crore.  

The launch was disclosed through a regulatory filing dated February 27, 2026. 

Project Overview 

The project will include a set of residential units referred to as “Signature Residences”. These homes are planned with standard modern layouts and common amenities typically seen in urban residential developments. 

The site lies along Velachery Road, a stretch that connects central parts of Chennai with the Old Mahabalipuram Road (OMR) corridor. 

Connectivity in the City 

The location links the city’s established business districts with its expanding IT belt. OMR continues to see commercial and office growth, which has led to steady housing demand in nearby areas. 

The project’s placement allows access to both employment zones and commercial centres within the city. 

Other Recent Activity 

In a separate development, Brigade Enterprises recently entered into an agreement with Primus Senior Living to build three senior housing communities across South India. The projects are estimated to have a combined GDV of about ₹750 crore. 

More than 600 units are expected to be developed under this partnership. 2 of the communities will be part of larger township projects and are planned to include basic support and wellness facilities. 

Read More: Brigade Enterprises Share Price in Focus; Partners Primus for ₹750 Crore Senior Housing Projects! 

Brigade Enterprises Share Price Performance  

As of February 27, 2026, 3:30 pm, Brigade Enterprises Limited share price closed at ₹700.00, a 2.26% decrease from the previous closing price. 

Conclusion 

The new project increases Brigade Enterprises’ residential exposure in Chennai. It comes alongside the company’s other ongoing developments in South India. 

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