Brigade Group forms JV with Bain Capital to develop mixed use projects in Bengaluru
Bengaluru-based real estate major Brigade Group has formed a joint venture (JV) with an American private investment firm, Bain Capital. The JV aims to develop a premium mixed-use project in Whitefield, Bengaluru.
The 50:50 JV would develop the project spread over 11 acres with an investment of Rs 2200 crores. It is planned as an integrated development of around 2 million square feet comprising Grade A office space and a five-star hotel to be operated by a leading international hotel brand.
Also Read: 5.72 acres land parcel purchased by Brigade Group in Hyderabad