Brigade Hotel plans to invest Rs 1,000 crores in Karnataka
Bengaluru-based real estate developer Brigade Group's wholly-owned subsidiary Brigade Hotel Ventures Limited (BHVL) has plans to invest Rs 1,000 crores in the state of Karnataka. The plan covers new projects, along with the modernization of existing assets, and investment in sustainable infrastructure and initiatives linked to the local tourism ecosystem in Mysuru.
This move is in line with BHVL's vision 2031, whereby it plans to add approximately 1,700 new keys over the next five years with an investment of Rs 3,600 crores.