Editor’s Note

One of the most rewarding experiences is to see a project grow from concept to plans to reality. In our business, that final phase is an especially personal and satisfying one…involving as it does people whom we have come to know well over a period of time.

Brigade Millennium update
Brigade Millennium has now entered the reality phase with residents having moved into Mayflower Block and Brigade School having begun its first academic year. Our photo feature in this issue will give you a clearer idea of what we mean. The next few months will see the enclave grow quickly, as more blocks near completion and The Woodrose takes firmer shape.

Brigade School opens
Our entry into the field of education began with Brigade-CTVTI and continues with Brigade School. The setting up of the school has been both an exciting process and a learning experience. Seeing the school building fill with children was the culmination of months of planning and hard work. And a very special kind of pleasure for all involved. See page 6 for photographs of the school and its students.

More on our resort in the Western Ghats
In our last issue we had mentioned the resort we are proposing to set up in the Western Ghats. We had invited architects from India and abroad to submit design proposals. You can read more about this in this issue.

We hope you enjoy reading this issue…and look forward to your feedback.



WITH a major change in the Governments—both at the Centre and State (Karnataka)—there is anxiety in the minds of businessmen and concerned citizens about the political scenario in the next five years! After the previous General Elections at the centre, it was evident that coalition politics is here to stay. One can only hope the present coalition partners find an amicable way to govern the state and the country.

IN this testing period, one needs to have patience and allow issues to settle down. Fortunately, Indians are a fairly patient lot, used to blaming their ‘Karma’ when things don't go the way they plan. Though the economic outlook is generally bright, largely due to the momentum generated in the recent past by Brand India and Brand Karnataka (a result of the forward looking policies of previous Governments), this is no time for complacency. There are enough causes for concern—shooting oil prices, increasing inflation, stagnant / decreasing foreign exchange reserves, lack of conviction in policies etc. Let us hope our rulers tackle these daunting challenges.

URBANISATION is a global phenomenon. If the Government is interested in reducing congestion in cities, the only way is to create employment and business opportunities in the moffusil areas. Karnataka and many parts of India have tremendous tourism potential. In fact, tourism is the most cost effective way of creating employment opportunities, as demonstrated by many countries in Europe, Africa, and most recently by Malaysia. The Government needs to just create a conducive atmosphere and improve roads and basic infrastructure. Private investment will flow on its own.

WITH rising prosperity levels, the vehicle population is exploding and traffic snarls are becoming a regular feature. Without losing any more time, the Civic Authorities and State Government have to commence and complete the Mass Rapid Transport System and continuously keep improving the road network, apart from of course providing sufficient electricity and water. The Gods in any case have air-conditioned the city for most of the year.

IN an otherwise not so bright macro economic scenario, the highlight for Brigade Group during the last quarter has been the commencement of Brigade School. As we approach 10 October 2004, our 18th anniversary of commencing business, Brigadiers are busy completing the ongoing projects and are gearing up to launch new ones !

Sd/-
—M.R. Jaishankar
Managing Director, Brigade Group

Welcoming New Clients
We extend our warm wishes to our new corporate clients and welcome them to the Brigade family.

nVIDIA chooses
Brigade South Parade.

nVIDIA Corporation will soon be moving into their new offices of about 49,000 sft at Brigade South Parade, MG Road, which is nearing completion.



Cognizant Technologies
expands its office space at
Brigade MLR Centre.

Cognizant Technologies have moved into their additional office space of 26,000 sft at Brigade MLR Centre, Basavanagudi.





Speedera at Brigade Court

Speedera Networks have started operations from their 10,000 sft new office space on the first floor of Brigade Court, Koramangala.