South Indian Real Estate Developer Unveils Rs 1000 Crore “Brigade Avalon” Project in Bengaluru, Achieves 69% PAT Growth in FY25

South Indian Real Estate Developer Unveils Rs 1000 Crore “Brigade Avalon” Project in Bengaluru, Achieves 69% PAT Growth in FY25

Brigade Group recently revealed its latest ultra-luxury residential venture called “Brigade Avalon,” situated on Whitefield Main Road, Bengaluru. This project adds a premium edge to the company’s expanding housing portfolio within the city.

Occupying a 4.36‑acre site, Brigade Avalon spans nearly 6.4 lakh sq ft of built‑up space. The community is set to include 206 carefully designed homes, setting a new benchmark for high-end urban living. Expected revenues from this ambitious project exceed Rs 1000 crore.

Each residence at Brigade Avalon combines elegant design with practical living spaces. The development offers generously sized 3 BHK homes—each complete with a dedicated study and powder room—as well as expansive 4 BHK apartments designed for comfort and style. The building’s architecture stands out with its striking facade, private wide decks, and interiors awash with daylight. Might this project strike the ideal balance of elegance and everyday practicality for discerning buyers? The project also embraces current trends by integrating adaptable office spaces suitable for hybrid work setups. A standout amenity is the lavish clubhouse, tailored with upscale facilities catering to all age groups.

Leadership Perspective and Strategic Growth

Pavitra Shankar, Managing Director at Brigade Enterprises Limited, emphasized that launching Brigade Avalon represents a pivotal milestone in their Bengaluru expansion strategy. She highlighted Whitefield as a priority market for the group and said Avalon aims to create a vibrant community enhancing lifestyle through superior design, top-tier amenities, and long-term value. Given Avalon’s prime placement, residents benefit from easy access to corporate offices, shopping centers, schools, hospitals, and bustling retail hotspots, making it a highly desirable address.

Robust Financials Backed by Market Growth

In its Q4 FY25 performance, Brigade Group reported sales covering 2.03 million square feet, equating to Rs 2,448 crore—a 9% increase from Q4 FY24. Collections for the quarter rose to Rs 1,929 crore, surpassing Rs 1,838 crore from the previous year. The leasing division saw revenue growth surge by 34%, reaching Rs 331 crore compared to Rs 247 crore during the same period last year.

For the entire fiscal year, leasing revenues climbed 24% year-over-year to Rs 1,165 crore, while retail consumption advanced by 4%. Consolidated revenue for FY25 came in at Rs 5,314 crore, marking 5% annual growth. The company achieved an EBITDA of Rs 1,654 crore, reflecting a 21% improvement, with margins steady at 31%. Most notably, Profit After Tax jumped 69% to Rs 680 crore versus the prior year.

In Q4 FY25, Brigade Group achieved sales of around 2.03 million sq ft, translating into ₹2,448 crore—up 9% year‑on‑year. During the same quarter, the company reported revenue of ₹1,532 crore, EBITDA of ₹488 crore (a 32% margin), and PAT of ₹249 crore, compared with ₹211 crore in Q4 FY24.

Future Outlook and Development Pipeline

The Managing Director remarked that FY25 was a defining year fueled by strong demand throughout all segments of Brigade’s business. With an ongoing development pipeline of 26 million square feet and an additional 15 million square feet planned, the group is positioned to sustain its growth trajectory. Since inception, Brigade has successfully delivered over 100 million square feet of built environments as of March 31, 2025.

Adding to investor confidence, the Board has proposed a final dividend of Rs 2.5 per equity share for FY25, though the exact record date will be announced later.

Diverse Business Interests Across Sectors

Operating primarily through its real estate arm, Brigade Enterprises Ltd. generated Rs 348,225 lakh in revenue primarily from residential, commercial, and mixed-use projects offering upscale apartments, offices, and integrated townships across key South Indian cities. Leasing operations contributed Rs 75,933 lakh by managing premium office spaces, retail complexes, and business parks, delivering stable rental income.

The hospitality segment added Rs 45,152 lakh with luxury hotels, serviced apartments, and resorts, collaborating with major players like Marriott, Accor, and InterContinental Hotels Group. Maintenance services for residential, commercial, and hospitality premises accounted for Rs 15,160 lakh in revenue. Furthermore, the company is diversifying by venturing into industrial parks, co-working spaces, and plotted development projects—leveraging new avenues to balance risks and broaden income.

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