Bengaluru-based publicly listed real estate developer Brigade Group has acquired an 11-acre land parcel in Whitefield, one of the city’s prominent business and technology corridors. The company plans to develop a premium Grade A office project on the site, with a built-up area of approximately 1.5 million sq ft and an estimated gross development value of Rs 20 billion.

This acquisition highlights Brigade Group’s ongoing commitment to expanding its footprint in the commercial real estate segment in Bengaluru. The company emphasized that Whitefield continues to attract strong office space demand, largely driven by its metro connectivity and dynamic corporate environment.

Brigade Group is also gearing up to significantly expand its commercial real estate portfolio. The developer is planning to add 8 million sq ft of office space. These projects, which are at various stages of design and construction, will be distributed across cities including Bengaluru, Chennai, Hyderabad, Trivandrum, and Kochi.

Currently, the company manages 10 million sq ft of office space. Of the new developments, nearly half will be based in Bengaluru and are expected to include large-scale office parks across key urban centres.

News source: Hindustan Times