Brigade Group Acquires 20.19-Acre Bengaluru Plot for Rs 5.88 Bn
Real Estate

Brigade Group Acquires 20.19-Acre Bengaluru Plot for Rs 5.88 Bn

Brigade Group has announced the acquisition of a 20.19-acre land parcel in Bengaluru’s Whitefield–Hoskote Road corridor for Rs 5.88 billion. The transaction was executed via its wholly owned subsidiary, Ananthay Properties.

Strategically located with strong connectivity to key IT hubs, industrial zones, and upcoming infrastructure projects, the site offers a development potential of 4.2 million sq. ft. The project is expected to generate a Gross Development Value (GDV) of Rs 52 billion and will include residential, commercial, and retail components.

“This acquisition aligns with our vision to develop landmark destinations that integrate living, working, and leisure. The Whitefield–Hoskote belt is poised for exponential growth,” said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd.

The deal reinforces Brigade Group’s strategic focus on East Bengaluru and underscores its long-term commitment to building integrated urban ecosystems tailored to India’s evolving real estate landscape.

Brigade Group has announced the acquisition of a 20.19-acre land parcel in Bengaluru’s Whitefield–Hoskote Road corridor for Rs 5.88 billion. The transaction was executed via its wholly owned subsidiary, Ananthay Properties.Strategically located with strong connectivity to key IT hubs, industrial zones, and upcoming infrastructure projects, the site offers a development potential of 4.2 million sq. ft. The project is expected to generate a Gross Development Value (GDV) of Rs 52 billion and will include residential, commercial, and retail components.“This acquisition aligns with our vision to develop landmark destinations that integrate living, working, and leisure. The Whitefield–Hoskote belt is poised for exponential growth,” said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd.The deal reinforces Brigade Group’s strategic focus on East Bengaluru and underscores its long-term commitment to building integrated urban ecosystems tailored to India’s evolving real estate landscape.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement