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Brigade Group to invest Rs 400 crore to develop office space in Chennai, ET RealEstate

Brigade Group to invest Rs 400 crore to develop office space in Chennai, ET RealEstate


NEW DELHI: Brigade Enterprises has entered into a joint development agreement (JDA) with Agni Estates & Foundations to develop Brigade Tech Boulevard, a ‘Grade A’ office space on Pallavaram-Thoraipakkam Radial Road, Chennai.

With an investment of around Rs 400 crore, the project will have a leasable area of 8.36 lakh sq ft spread across two towers.

The company recently signed signed a JDA with United Oxygen Company to develop a ‘Grade A’ office space on ITPL Road, Whitefield in East Bengaluru.

The project will have a leasable area of three lakh sq ft and a gross development value (GDV) of around Rs 340 crore.

  • Published On Apr 15, 2024 at 03:00 PM IST

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