Brigade Group plans ₹40,000 crore investment over next 3 years
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bengaluru-based Brigade Group plans to invest ₹40,000 crore over the next three years to develop 40 million sq.
- ✓The company said it will focus on new opportunities while building on its four decades of experience.
- ✓This massive expansion will create 23,000 direct and indirect employment opportunities.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Today
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Bengaluru-based real estate developer Brigade Group, which completed 40 years of operations, plans to invest around ₹40,000 crore over the next three years to develop a pipeline of 40 million sq. ft. across its markets.
The investment will span residential, commercial, retail, hospitality and emerging businesses such as warehousing. The company said funding will come through internal accruals, project-level financing, strategic partnerships and other sources, "while maintaining a disciplined approach to capital allocation."
Brigade has developed more than 110 million sq. ft. across over 300 projects in 10 cities. Its portfolio includes residential projects, office spaces, retail destinations and hotels. Its operating leasing portfolio currently stands at about 10 million sq. ft., with further developments underway.
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