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.

Products

15 Jun 2026

Durakraft Highlights Monsoon-Ready Window Solutions

Durakraft Extrusions has underscored the importance of high-performance uPVC windows in creating healthier and more comfortable indoor environments during the monsoon season, when excess moisture, dampness and limited ventilation can affect living conditions.According to the company, selecting the appropriate window systems can help minimise water ingress, improve airflow and maximise natural light, contributing to better indoor air quality and overall comfort. As homes face challenges associated with prolonged rainfall and humidity, weather-resistant fenestration solutions are becoming increa..

SPRE Launches Private Estates at Treetopia

Shapoorji Pallonji Real Estate (SPRE) has launched Private Estates at Treetopia, introducing a limited collection of large-format estate plots within its 105-acre plotted development in Pune Growth Corridor.The launch follows the response to the first two phases of Treetopia and caters to homebuyers seeking expansive land ownership, privacy and the flexibility to build bespoke residences. The estate plots are located in the foothills overlooking a private 25-acre natural lake and are priced from Rs 15.1 million, all-inclusive.Situated close to the proposed Purandar International Airport, the p..

Statcon Energiaa Partners with Ram Raja Solar

Statcon Energiaa has signed a Memorandum of Understanding (MoU) with Ram Raja Solar Power Green Energy to strengthen the deployment of large-capacity Battery Energy Storage Systems (BESS) and hybrid inverter solutions across Uttar Pradesh.The partnership brings together Statcon Energiaa's expertise in power electronics and energy storage with Ram Raja Solar's project execution capabilities to improve access to solar-plus-storage solutions in the state.According to the companies, the collaboration will enable faster availability of high-capacity BESS and hybrid inverter systems through reduced ..