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-411.97
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-411.97
-140.60
-140.60
+ 111.00
+ 111.00
-148.00
Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited
Brigade Group has acquired an 11-acre land parcel opposite ITPL in Whitefield, Bengaluru, to develop a premium commercial project with a gross leasable area of approximately 1.5 million square feet and a gross development value (GDV) of over ₹2,000 crore.
“This strategic acquisition is a significant step in our journey to create world-class commercial spaces inspired by sustainable and future-ready workspaces. Whitefield remains a prime destination for office demand due to metro connectivity and the vibrant corporate ecosystem that exists. This project will also bring us closer to achieving our net zero target,” said Nirupa Shankar, Joint Managing Director, Brigade Enterprises Limited.
This follows Brigade’s recent acquisition of a 20-acre plot in Malur East, Bengaluru, for ₹175 crore, intended for a plotted development project. Shares of the company closed at ₹994.30, down 2.18 per cent.
Published on May 8, 2025
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