Brigade Group has signed a ₹340 crore joint development agreement for office space in Bangalore
By Bricksnwall | 2024-04-04
The project in Whitefield would have a leasable
area of 3 lakh sq ft and a gross development value (GDV) of roughly ₹340 crore.
The project in Whitefield would have a leasable
area of 3 lakh sq ft and a gross development value (GDV) of roughly ₹340 crore.
Bengaluru is the most popular office leasing
market, with demand improving in the Whitefield micro market. Given the
property's prime location, metro connectivity, and innovative and sustainable
design, we are confident that this project will perfectly align with the
growing need for an ideal solution for professionals seeking top-tier work
facilities," said Nirupa Shankar, joint managing director, Brigade
Enterprises Limited.
According to Ashwin Poorswani, Director of United
Oxygen Company Private Limited, "We look forward to partnering with the
Brigade Group on this project given their ability to deliver lasting value to
office occupiers, investors, and the environment."
Brigade Group, founded in 1986, has built more than
280 buildings totaling over 83 million square feet of developed space across a
varied real estate portfolio.
Source: Hindustan Times
