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

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..