+
Brigade Group Buys 11-acre Bengaluru Land for Rs 20 Bn Offices
Real Estate

Brigade Group Buys 11-acre Bengaluru Land for Rs 20 Bn Offices

Bengaluru-based publicly listed real estate developer Brigade Group has acquired an 11-acre land parcel in Whitefield, one of the city’s prominent business and technology corridors. The company plans to develop a premium Grade A office project on the site, with a built-up area of approximately 1.5 million sq ft and an estimated gross development value of Rs 20 billion.

This acquisition highlights Brigade Group’s ongoing commitment to expanding its footprint in the commercial real estate segment in Bengaluru. The company emphasized that Whitefield continues to attract strong office space demand, largely driven by its metro connectivity and dynamic corporate environment.

Brigade Group is also gearing up to significantly expand its commercial real estate portfolio. The developer is planning to add 8 million sq ft of office space. These projects, which are at various stages of design and construction, will be distributed across cities including Bengaluru, Chennai, Hyderabad, Trivandrum, and Kochi.

Currently, the company manages 10 million sq ft of office space. Of the new developments, nearly half will be based in Bengaluru and are expected to include large-scale office parks across key urban centres.

News source: Hindustan Times

Bengaluru-based publicly listed real estate developer Brigade Group has acquired an 11-acre land parcel in Whitefield, one of the city’s prominent business and technology corridors. The company plans to develop a premium Grade A office project on the site, with a built-up area of approximately 1.5 million sq ft and an estimated gross development value of Rs 20 billion. This acquisition highlights Brigade Group’s ongoing commitment to expanding its footprint in the commercial real estate segment in Bengaluru. The company emphasized that Whitefield continues to attract strong office space demand, largely driven by its metro connectivity and dynamic corporate environment. Brigade Group is also gearing up to significantly expand its commercial real estate portfolio. The developer is planning to add 8 million sq ft of office space. These projects, which are at various stages of design and construction, will be distributed across cities including Bengaluru, Chennai, Hyderabad, Trivandrum, and Kochi. Currently, the company manages 10 million sq ft of office space. Of the new developments, nearly half will be based in Bengaluru and are expected to include large-scale office parks across key urban centres. News source: Hindustan Times

Next Story
Real Estate

Rs 24.4 Trillion Worth Of Plots Launched Since 2022

Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger ap..

Next Story
Infrastructure Urban

Wyndham, Cygnett To Add 60 Hotels Across South Asia

Wyndham Hotels & Resorts has entered into a strategic alliance with Indian hospitality group Cygnett Hotels & Resorts to significantly expand its presence across South Asia. The collaboration will bring Wyndham’s La Quinta and Registry Collection Hotels brands to India, with plans to develop over 60 hotels across India, Bangladesh, Sri Lanka, and Nepal in the next ten years.This move seeks to capitalise on the growth of India’s travel and tourism industry, fuelled by infrastructure investments, a growing middle class, and rising domestic and international tourism.Dimitris M..

Next Story
Infrastructure Urban

Marengo Asia To Invest Rs 1.5 Billion In West India Expansion

Marengo Asia Healthcare, a prominent multi-specialty hospital platform backed by marquee investors including Samara Capital, Havells Family Office, and the Godrej Family Office, has announced a strategic investment of Rs 1.5 billion to expand its presence into Maharashtra and Rajasthan. The move is part of the group’s wider vision to build a pan-India network by strengthening its operations across northern and western India.Currently operating around 1,500 beds across four hospitals in Delhi NCR and Gujarat, Marengo plans to double its bed capacity to 3,000 within the next 12 months. This wi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?