Brigade Realty

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Brigade-group news - Current Brigade-group news, information & updates

The net income for the third quater ended 31 December decreased to 31.6 of 43.1 of 43.6 of 43.1 before. Revenues from operating activities declined by 14.5% to CHF 537 thousand. Launched in October, the program will concentrate on five industries that the firm thinks can interfere with a client's way of working.

Soon non-farmers whose incomes are less than 25 lek per year will be able to buy farmland in Karnataka thanks to the federal administration, which plans to change the Karnataka Land Reform Act. Clients such as Tata Housing, Paranjape Schemes, Adani Realty, Silverglades, Brigade and others have launched programs to develop a rising sector of wealthy people.

Company brigade Q2 net income 63% below prior year, Real Estate News, ET RealEstate

announced a 63.5% year-on-year decrease in net income to 27 thousand Swiss francs for the third consecutive month of March. Overall Group sales also registered a 20% year-on-year decrease at 448 thousand Swiss francs, the corporation said in a press report. Bengaluru, the company's internal net income fell to 149rds from 205rds a year ago.

Throughout 2017-18 (April-March), the company's net income decreased by 3% to 149 Swiss francs, while sales also decreased by 5% to 1,946 Swiss francs. "Fiscal 18 was a year of challenges against the background of recent political changes such as the Real Estates Regulation Act & Goods and Services Tax Act in the REIA, we are confident about the outlook given our current project pipelines in different sectors, i.e. property, professional rental and hospitality," said M.R. Jaishankar, Chairman and Managing Director, Brigade Enterprises.

At present, the group is currently working on around 20 million square metres in the areas of living, offices, retail and hotels. In addition, market introductions of approx. 12 million sqm in the 4 business units are scheduled for the 2018-19 business year, of which approx. 5 million sqm in the area of payable apartments.