Brigade Group to invest Rs 2700 crore

(25 Second Reading) Brigade Enterprises has signed a joint development agreement (JDA) with United Oxygen Company Private Limited to develop a ‘Grade A’ office space on ITPL Road, Whitefield, in East Bengaluru. The project will have a leasable area of 3 lakh sq ft, and a gross development value (GDV) of around Rs 340 crore.
“Bengaluru continues to be the most favoured office leasing market, and demand continues to improve in the Whitefield micro market. Given this property’s prime location, metro connectivity and its innovative and sustainable design at the forefront

Shares of Brigade Enterprises gained in the opening trade on April 4 @ Rs. 949.65, up Rs 6.55, or 0.69 percent.

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