Brigade Group forms JV with Bain Capital for Bengaluru project
pre-market1 source ↓written by the desknot a recommendation
- has established
- 50:50 joint venture
- covering
- 11 acres
- and aims
- ₹2,200 cr
- of Grade
- 2 million square feet
Bengaluru-based Brigade Group has established a 50:50 joint venture with Bain Capital to develop a premium mixed-use project in Whitefield. The project, covering 11 acres, involves an investment of ₹2,200 cr and aims to create approximately 2 million square feet of Grade A office space and a five-star hotel operated by a leading international brand.
This collaboration is expected to enhance Brigade's portfolio and could attract significant investor interest in the Bengaluru real estate market.
Not investment advice. For informational purposes only.