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

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

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code