Brigade Group plans to expand its office portfolio by 8 msf, adding to its existing 10 msf of space. Half of upcoming developments will be located in Bengaluru
Brigade Group is set to expand its commercial portfolio with the addition of 8 million sq ft of office space, said Nirupa Shankar, joint managing director.(Brigade Group)
Real estate developer Brigade Group is set to expand its commercial portfolio with the addition of 8 million sq ft of office space, said Nirupa Shankar, joint managing director at the company, in an interview with HT.com. The upcoming office projects, currently at various design and construction stages, will be spread across cities including Bengaluru, Chennai, Hyderabad, Trivandrum, and Kochi.
Brigade Group manages 10 million sq ft of office space, with upcoming developments planned in cities such as Bengaluru, Chennai, Hyderabad, Trivandrum, and Kochi.
“We have tied up parcels of land across these cities. All of the 8 million sq ft is under construction, and we will launch the spaces once we receive the occupancy certificates (OC),” Shankar said.
Of the new developments, around 50% are located in Bengaluru. The upcoming office developments will mostly have major office parks across the cities.
The company is also expanding its presence in Gujarat’s GIFT City, where it has completed a 314,500 sq ft commercial project and recently begun work on the second phase, adding an additional 41,500 sq ft of office space.