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GLOBE CIVIL PROJECTS LIMITED WINS MAJOR The project is set to benefit from being in close proximity to large
`98.85-CRORE CONSTRUCTION CONTRACT AT IIT DELHI. employment hubs as well as the access to advanced social
Globe Civil Projects Limited, a firm specializing in civil construction infrastructure comprising schools, hospitals, shopping malls and
and infrastructure development, has been named the Lowest entertainment hubs making this a very unique and attractive CONSTRUCTION
Bidder for a residential building project at the Indian Institute of proposition.
Technology Delhi Extension Campus, Sector-3, R.K. Puram. Commenting on the development, Rajesh Patil, Managing
The project involves constructing a 3B+G+11 residential building Director, Kolte-Patil Developers Limited said, “This transaction
along with allied services, with a total project value of `98.85 crore aligns with our strategy to systematically
and a completion period of 18 months. The tender was opened strengthen our presence in high-potential
on February 27, 2026, via the Government E-Procurement System, micro-markets benefitting from evolving
and the formal Letter of Award is expected to be issued shortly. demand trends. This project in Bhugaon
Vipul Khurana, Managing Director of Globe Civil Projects marks the next step in expanding
Limited, said, “Securing this prestigious project with IIT Delhi our portfolio through capital-efficient
marks a defining milestone for Globe Civil partnerships. We remain committed to
Projects Limited. It reflects the trust placed creating highly amenitized state-of-the-
in our technical expertise, proven execution art residential spaces that deliver lasting value to customers.
capabilities, and established track record in Leveraging our strong brand value and market expertise, we aim
delivering complex infrastructure initiatives. to develop a thoughtfully designed offering that supports Pune’s
This achievement underscores our urban growth and meets the aspirations of today’s homebuyers.”
commitment to quality, safety, and timely
delivery, while contributing to enduring BRIGADE GROUP ANNOUNCES `1,700-CRORE
infrastructure assets for the nation.” RESIDENTIAL DEVELOPMENT IN CHENNAI.
The project is expected to expand the company’s order book and Brigade Group has launched its new residential project, Brigade
strengthen its position in the institutional and public infrastructure Stellaris, on a 5.19-acre land parcel along Velachery Road in
sector, providing sustained revenue visibility and supporting long- Chennai. The project, fully owned by the company, carries an
term growth. estimated Gross Development Value (GDV) of around `1,700 crore,
according to an official release.
Project Highlights: Pavitra Shankar, Managing Director of Brigade Enterprises
• Client: Indian Institute of Technology Delhi Limited, said the project reflects the
• Project Type: Residential Building company’s ongoing commitment to
(3 Basements + Ground + 11 Floors) high-quality construction and urban living
• Scope: Construction including allied services standards. “As we continue to expand our
• Location: IIT Delhi Extension Campus, Sector-3, R.K. Puram, footprint in Chennai, our focus remains
New Delhi on delivering high-quality construction
• Project Value: `98.85 crore that aligns with the global aspirations of
• Completion Period: 18 months our customers. This project is part of our
• Nature of Contract: BOQ-based continued focus to elevate the standard of urban living in one
• Entity Type: Domestic of the city’s most vibrant and well-connected neighbourhoods,”
Shankar said Brigade Stellaris marks another step in Brigade
The company continues to focus on expanding its footprint Group’s expansion in Chennai, targeting premium residential
in institutional and public infrastructure projects across India, buyers seeking modern, well-connected living spaces.
leveraging engineering excellence, disciplined project
management, and a strong order book to drive sustainable BRIGADE GROUP TO DEVELOP 25 ACRES IN
growth and enhance long-term stakeholder value. DEVANAHALLI, ENTERS INDUSTRIAL REALTY.
Brigade Group has entered the industrial real estate sector,
KOLTE-PATIL SIGNS A ~5 ACRES JOINT DEVELOPMENT launching Brigade Industrial Park, a 25-acre industrial development
PROJECT IN BHUGAON, PUNE in Devanahalli, North Bengaluru. The park will span approximately 2
Kolte-Patil Developers Limited, a leading Pune-based real estate million sq ft and cater to sectors including Aerospace & Defence,
player with a diversified presence in Mumbai and Bengaluru, IT/ITES, and Data Centres. Commenting on the new venture, Amar
announced that the Company has signed a joint development Mysore, Executive Director of Brigade Enterprises Ltd., said, “The
deal for a ~1.1 million sq. ft. residential project in Bhugaon, Pune entry into industrial real estate marks a new milestone in Brigade’s
that has an expected Gross Developable Value (GDV) of `850 growth trajectory. By diversifying into this vertical, we will play a key
crore. Bhugaon, is an emerging residential destination in Pune, role in transforming a high-growth sector.”
blending natural flora and fauna with excellent urban connectivity. The move reflects Brigade Group’s strategic shift to expand
This land parcel is surrounded by established premium markets beyond residential and commercial real estate into industrial
like Bavdhan and Kothrud and is adjacent to the Mumbai-Pune and high-tech infrastructure, tapping into the growing demand
Expressway as well as Shivaji Nagar railway station. for specialized industrial spaces in Bengaluru’s northern corridor.

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