Hines, DNR Group partners to develop office space in Bangalore
Real Estate

Hines, DNR Group partners to develop office space in Bangalore

Hines, a real estate firm based in the US, has tied up with DNR group for the development of a premium commercial project in Bangalore which includes a 2 million sq ft of leasable area.

This marks the second office project developed by the companies in a partnership.The project named 'DNR Nagavara' shall be developed across an 11.3-acre land parcel located within an established micro-market next to the Manyata Tech Park and Karle Town Center, Northern Bengaluru.

DNR is the project owner with Hines being the development manager. The total project leasable area is approximately 2 million sq ft and it is expected to be completed by 2026.

Hines India senior managing director and country head Amit Diwan told the media that they had entered the Bengaluru office development business in 2020 with the DNR group which today has grown to be their largest project portfolio in India.

He said that Hines and DNR have a successful partnership creating a foundation for them to come together again for expanding the relationship to make another Grade-A office project.

The new project shall be attractive to built-to-suit as well as multi-tenanted options for the occupier partners.

DNR Group managing director, Vipul Kumat said that with their joint experience they will develop a world-class project to ensure the needs of the occupiers after the COVID-19 environment is met. They believe that a local-global partnership gives unique benefits to the tenants which would not be done successfully alone.

Image Source

Also read: Hines, DNR Group to invest Rs 65 cr in Bengaluru commercial project

Hines, a real estate firm based in the US, has tied up with DNR group for the development of a premium commercial project in Bangalore which includes a 2 million sq ft of leasable area. This marks the second office project developed by the companies in a partnership.The project named 'DNR Nagavara' shall be developed across an 11.3-acre land parcel located within an established micro-market next to the Manyata Tech Park and Karle Town Center, Northern Bengaluru. DNR is the project owner with Hines being the development manager. The total project leasable area is approximately 2 million sq ft and it is expected to be completed by 2026. Hines India senior managing director and country head Amit Diwan told the media that they had entered the Bengaluru office development business in 2020 with the DNR group which today has grown to be their largest project portfolio in India. He said that Hines and DNR have a successful partnership creating a foundation for them to come together again for expanding the relationship to make another Grade-A office project. The new project shall be attractive to built-to-suit as well as multi-tenanted options for the occupier partners. DNR Group managing director, Vipul Kumat said that with their joint experience they will develop a world-class project to ensure the needs of the occupiers after the COVID-19 environment is met. They believe that a local-global partnership gives unique benefits to the tenants which would not be done successfully alone. Image Source Also read: Hines, DNR Group to invest Rs 65 cr in Bengaluru commercial project

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?