Brigade Enterprises Acquires 12.50% Stake in BCV Developers

30 Nov 2023 CW Team

Brigade Enterprises has fortified its market presence by acquiring an additional 12.50 per cent stake in BCV Developers for Rs 202.1 million. This strategic move is in line with Brigade Enterprises' expansion plans and commitment to strategic investments in the real estate sector.

The acquisition of the additional stake in BCV Developers demonstrates Brigade Enterprises' confidence in the potential and growth prospects of the real estate market. The investment of Rs 202.1 million positions Brigade Enterprises strategically within BCV Developers, offering opportunities for synergies and collaborative ventures.

The move aligns with Brigade Enterprises' broader strategy of actively participating in and contributing to the evolution of the real estate landscape. By increasing its stake in BCV Developers, Brigade Enterprises aims to play a more integral role in shaping the direction and success of ongoing and future projects.

The Rs 202.1 million investment not only signifies Brigade Enterprises' financial commitment but also highlights the company's belief in the value and potential of BCV Developers. This collaborative effort is anticipated to drive innovation, foster growth, and create a mutually beneficial partnership between the two real estate entities.

As Brigade Enterprises acquires an additional stake in BCV Developers, the real estate market witnesses a strategic consolidation, showcasing the dynamism and forward-looking approach of industry players. The move reflects Brigade Enterprises' proactive stance in leveraging opportunities for growth and value creation in the ever-evolving real estate sector.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..