July 11, 2024: Brigade Group has announced the launch of the latest residential tower, Cobalt, at its 50-acre township, Brigade El Dorado, located in KIADB Aerospace Park. The overall project size is around 6.1 million square foot (msf) including residential, shopping, wellness and entertainment facilities.
Comprising 948 one-bedroom apartments, the company has pegged the potential revenue value at over Rs 400 crore.
Amar Mysore, executive director, Brigade Enterprises said, “In the recent past, there has been a surge in the number of multinational companies that have chosen to set up shop in North Bengaluru, creating a demand for skilled talent. This in turn has fuelled the growth and demand for high quality, sustainable real estate in the region. Potential home buyers in the region are primarily millennials, who aren’t just looking for houses, but rather accommodations that mirror their accomplishments and match their aspirations. Cobalt at Brigade El Dorado fits perfectly into that demand,”Â
This tower is expected to be completed by Q2 FY 29. Part of the all-encompassing Brigade El Dorado, residents will enjoy a diverse range of over 80 amenities, including a hospital, a central park, a multiplex, sports and retail facilities.
The development is situated just 15 minutes away from Kempegowda International Airport and many other commercial establishments, IT Parks and the upcoming airport metro in its vicinity. Clean wide roads, scenic greenery and impeccable infrastructure are characteristic to the region.Â
Â
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |