Brigade Group, Bain Capital to develop 2 mn sq ft mixed-use project in Bengaluru’s Whitefield
Brigade Group and Bain Capital will develop a premium 2 million sq ft mixed-use project in Whitefield, Bengaluru, through a 50:50 joint venture with an investment of about ₹2,200 crore. The development will include Grade A office space and a five-star hotel on an 11-acre site near the Whitefield Metro Station.
Why It Matters
The deal signals growing institutional interest in Indian real estate and strengthens Brigade Group’s footprint in Bengaluru’s key technology corridors.
Timeline
2 Events
Brigade Group, Bain Capital to develop 2 mn sq ft mixed-use project in Whitefield
Brigade Group inks a partnership with Bain Capital to develop a 2 million sq ft integrated mixed-use project in Bengaluru’s Whitefield, via a 50:50 joint venture with total investment around ₹2,200 crore. The project will include Grade A office space along with a five-star hotel to be operated by an international hospitality brand, on an approximately 11-acre land parcel along ITPL Main Road, adjacent to the Whitefield Metro Station.
Brigade Group signs JDA for 8.63-acre Gunjur land parcel to develop 39-acre integrated township
On April 15, Brigade Group signed a joint development agreement (JDA) for an 8.63-acre land parcel in Bengaluru’s Gunjur to develop a 39-acre integrated residential township along the Whitefield–Sarjapur Road corridor. The proposed development is planned primarily as a large-scale residential project with an estimated gross development value (GDV) of around ₹7,200 crore.