Brigade plans housing project in Chennal

Realty firm Brigade Enterprises has acquired a 5.41-acre land parcel in Chennai for 3441.7 crore to develop a housing project. In a regulatory on Wednesday, the company said it has purchased the land parcel on Velachery Road, Chennai. “The project will have a gross development value of approximately 31,600 crore, with a development potential of about 0.8 million square feet,” the company said.