Latest News | Brigade Group to Build Office Complex in Bengaluru Worth Rs 500 Crore
Get latest articles and stories on Latest News at LatestLY. Realty firm Brigade Group will develop an office complex in Bengaluru worth Rs 500 crore.
New Delhi, Dec 6 (PTI) Realty firm Brigade Group will develop an office complex in Bengaluru worth Rs 500 crore.
In a regulatory filing, Brigade Enterprises on Wednesday informed that it has entered into a joint development agreement (JDA) to develop a premium 'Grade A' office space on Sankey Road in Bengaluru's Central Business District.
"With a developable area of around 0.20 million square feet, the project has a gross development value of around Rs 500 crore," it added.
"This development aligns seamlessly with our commitment to expanding our commercial portfolio," Nirupa Shankar, Joint Managing Director at Brigade Enterprises, said.
Established in 1986, Brigade Enterprises is one of India's leading property developers.
Brigade has completed over 80 million square feet area across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, GIFT City-Gujarat, and Thiruvananthapuram.
It has a presence in residential, office, retail and hospitality segments of real estate.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)