Brigade Group, one of India’s leading real estate developers, has acquired a strategically located 11-acre land parcel opposite ITPL in Whitefield, Bengaluru. This move underscores the company’s continued focus on strengthening its commercial real estate presence in one of the city's most dynamic business and technology corridors. The land will be developed into a premium commercial project with a gross leasable area of approximately 1.5 million square feet and a GDV of over Rs 2,000 Crores.
“This strategic acquisition is a significant step in our journey to create world class commercial spaces inspired by creating a sustainable and future ready workspace. Whitefield remains a prime destination for office demand due to metro connectivity, and the vibrant corporate ecosystem that exists. With cutting-edge architecture and future-ready, sustainable infrastructure, this project will stand out in Bengaluru’s commercial landscape while enhancing Brigade Group’s leadership in the Grade A office leasing segment. This project will also work towards bringing us closer to achieving our net zero target.” said Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited.