Brigade Buys Bengaluru Land for Rs 5.88 Bn, Plans Rs 52 Bn Project

25 Jul 2025 CW Team

Brigade Enterprises has announced the acquisition of a 20.19-acre land parcel in the Whitefield–Hoskote corridor of Bengaluru for Rs 5.88 billion. The deal was executed through its wholly owned subsidiary, Ananthay Properties.

The land is strategically located in a high-growth zone with excellent connectivity to IT parks, industrial areas, and upcoming infrastructure. The company plans to develop a large-scale mixed-use project on the site, with an estimated Gross Development Value (GDV) of Rs 52 billion.

Spread across 4.2 million square feet, the project will feature a combination of residential, commercial, and retail spaces. Brigade Group intends to establish this as a landmark development in East Bengaluru, enhancing its urban presence in the region.

This acquisition reinforces Brigade Group’s commitment to expanding its footprint in Bengaluru and delivering integrated urban developments tailored to the evolving demands of the city’s residents.

News source: CNBC TV18

Infrastructure Urban

30 May 2026

LANXESS Tops European Sustainability Index

LANXESS has ranked first in Europe and fifth worldwide in the Chemicals category of the latest Dow Jones Best-in-Class Index. The specialty chemicals company received strong ratings for climate strategy, water, human rights and product stewardship.Matthias Zachert, Chief Executive Officer of LANXESS AG, said the ranking underlines the company’s focus on embedding sustainability into its corporate strategy, including climate protection, responsible resource use and good governance.LANXESS has also improved its sustainability rating from Sustainalytics, moving from the Medium Risk category to ..

SHM Launches 29-Metre Aluminium Passenger Craft

SHM Group has launched Ocean Crewzer 8, a 29-metre high-speed aluminium passenger craft, at its shipyard in Mumbai. Designed and built in-house, the vessel has been developed to meet current marine operational and safety requirements for India’s waterway operations.The vessel has been built entirely with aluminium, a preferred material for fast passenger craft due to its lightweight structure and higher fuel efficiency compared to conventional steel vessels. The launch is part of SHM Group’s ongoing shipbuilding programme, focused on developing vessels for India’s growing maritime needs...

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers Limited has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve safety readiness across India’s built environment. The system was inaugurated by Madhuritai Misal, Minister of State for Urban Development, Government of Maharashtra.The factory-tested solution combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. It delivers a flow rate of 170 m³/hr at a head of 100 m, supporting reliable fire protection with real-time visibility and predictive maintenance.The pre-packaged, plug-and-play ..