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BRIGADE

Group has acquired an 11-acre land parcel in Whitefield, Bengaluru, for ₹2,000 crore. This strategic move aims to develop a premium commercial project with a gross leasable area of approximately 1.5 million square feet. Strategic Location and Development Plans The land is situated opposite ITPL in Whitefield, a key area known for its business and technology hubs. The project is expected to enhance Brigade Group's presence in the commercial real estate sector, particularly in Grade A office leasing. Project Features and Vision The development will feature cutting-edge architecture and sustainable infrastructure, aligning with Brigade Group's commitment to creating future-ready workspaces. Nirupa Shankar, Joint Managing Director, emphasized the importance of this acquisition in achieving net-zero targets and responding to the growing office demand in the region. Market Context Whitefield is recognized for its excellent metro connectivity and a vibrant corporate ecosystem, making it a prime location for commercial projects. This acquisition reflects Brigade Group's ongoing strategy to strengthen its portfolio in one of Bengaluru's most dynamic areas. Disclaimer- As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.