Brigade Group Launches Net-Zero Carbon Housing in Bengaluru
By Rediff Money Desk, New Delhi Dec 18, 2024 18:25
Brigade Enterprises unveils 'Brigade Citrine', a new housing project in Bengaluru, aiming for Rs 500 crore in revenue. The project boasts a net-zero carbon design with innovative eco-friendly features.

Photograph: Kind courtesy Brigade Enterprises
New Delhi, Dec 18 (PTI) Realty firm Brigade Enterprises is expecting around Rs 500 crore in revenue from its new housing project in Bengaluru.
In a statement on Wednesday, the company said it has launched a new housing project 'Brigade Citrine', comprising 420 apartments.
The company claimed that this high-rise township, located in Budigere Cross, Whitefield, Bengaluru, would be "India's first truly net-zero carbon, residential development".
"The project has an estimated GDV (gross development value) of about Rs 500 crores".
The total size of the project site is around 4.3 acres and includes 420 homes.
To achieve the net-zero carbon goal, the company will implement several innovative strategies, including the use of eco-friendly materials, energy-efficient designs, water conservation measures, and carbon offsetting initiatives.
"Our commitment to net-zero for this project focuses on mitigating, reusing and offsetting to reduce the Brigade Citrine community's environmental impact over the next 25 years. Innovative designs lead to operational carbon efficiency and embodied carbon reduction up to 40 per cent," said Pavitra Shankar, Managing Director, Brigade Enterprises.
The project is in line with Brigade Group's journey of achieving net zero emissions by 2045, she added.
Brigade Enterprises is one of the leading real estate companies in the country.
In a statement on Wednesday, the company said it has launched a new housing project 'Brigade Citrine', comprising 420 apartments.
The company claimed that this high-rise township, located in Budigere Cross, Whitefield, Bengaluru, would be "India's first truly net-zero carbon, residential development".
"The project has an estimated GDV (gross development value) of about Rs 500 crores".
The total size of the project site is around 4.3 acres and includes 420 homes.
To achieve the net-zero carbon goal, the company will implement several innovative strategies, including the use of eco-friendly materials, energy-efficient designs, water conservation measures, and carbon offsetting initiatives.
"Our commitment to net-zero for this project focuses on mitigating, reusing and offsetting to reduce the Brigade Citrine community's environmental impact over the next 25 years. Innovative designs lead to operational carbon efficiency and embodied carbon reduction up to 40 per cent," said Pavitra Shankar, Managing Director, Brigade Enterprises.
The project is in line with Brigade Group's journey of achieving net zero emissions by 2045, she added.
Brigade Enterprises is one of the leading real estate companies in the country.
Source: PTI
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.56 ( -3.08)
- 43234040
- Sharanam Infra
- 0.94 (+ 4.44)
- 15504991
- Quasar India Ltd.
- 0.96 ( -4.95)
- 14906840
- YES Bank Ltd.
- 16.76 ( -3.46)
- 13940312
- GTL Infrastructure
- 1.49 ( -3.87)
- 13859527
MORE NEWS

Paytm Gets Rs 611cr ED Notice for FEMA Breach
Paytm's parent company, One97 Communications, received a notice from the Enforcement...

AI Impact on Investing: Sanjiv Mehta's Insights
Sanjiv Mehta, former HUL MD, discusses how AI will transform the investment landscape,...

Paytm Faces ED Notice for FEMA Violations in...
Paytm owner One97 Communications received an Enforcement Directorate notice for alleged...