Brigade Group, Bain Capital Form JV for Rs 22 Billion Bengaluru Project

30 Apr 2026 CW Team

Brigade Group has partnered with Bain Capital to develop a premium mixed-use project in Whitefield, Bengaluru, through a 50:50 joint venture with an estimated investment of Rs 22 billion.

The project will be developed on an 11-acre land parcel on ITPL Main Road, adjacent to the Whitefield Metro Station, and will comprise approximately 2 million sq ft of Grade A office space and a five-star hotel operated by an international brand.

Commenting on the development, Nirupa Shankar, Joint Managing Director, Brigade Group, said, “We are excited to begin our partnership with Bain Capital… This resultant partnership demonstrates our strategic focus to aggressively expand our portfolio through institutional collaborations.”

Sarit Chopra, Partner, Bain Capital, added, “Whitefield is one of Bengaluru’s most important commercial corridors, underpinned by strong occupier demand, infrastructure connectivity, and long-term growth.”

The development aims to address rising demand for high-quality commercial and hospitality assets in Bengaluru’s key technology corridor. For Brigade Group, the partnership strengthens its commercial portfolio, while for Bain Capital, it reflects continued expansion in India’s real estate sector through asset-backed, partnership-led investments.

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