Brigade Plans 1.4 Million Sqft Bengaluru Project, Aims Rs.70 Crore Annual Rent

13 Aug 2024 CW Team

Brigade Group, a leading real estate developer, has announced its plans to develop a 1.4 million square feet commercial project in Bengaluru. The new development is part of the company's ongoing strategy to expand its commercial real estate portfolio and strengthen its position in the market.

The project will be situated in the prime location of Whitefield, a key business hub in Bengaluru known for its IT parks and corporate offices. The development will cater to the growing demand for high-quality commercial spaces in the city, driven by the influx of multinational companies and startups.

Brigade Group anticipates generating an impressive ?70 crore in annual rental income from this project, which reflects the robust demand for commercial real estate in Bengaluru. The company has a strong track record in developing and managing commercial properties, and this project is expected to further enhance its reputation.

The commercial project will feature state-of-the-art infrastructure, modern amenities, and sustainable design elements, aligning with Brigade's commitment to delivering world-class real estate solutions. The development is expected to attract top-tier tenants, including IT firms, financial institutions, and global enterprises, contributing to Bengaluru's status as a leading business destination.

With this new venture, Brigade Group continues to solidify its leadership in the commercial real estate sector, capitalizing on the opportunities presented by Bengaluru's dynamic and growing economy. The project is expected to be a significant milestone in the company's expansion plans, offering long-term value to its stakeholders.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..