Brigade Enterprises Limited has signed a JDA with United Oxygen Company to develop 3 million sqft of office space in Bengaluru. The project on ITPL Road, Whitefield, aims to generate Rs 340 crores. Brigade plans to launch 5 million sqft of projects in the next year. Q3 FY24 saw a 24% revenue increase for Brigade.
Brigade Enterprises Limited and United Oxygen Company collaborated for a 3M sqft office space project in Bengaluru, emphasizing sustainability and market demand, targeting Rs 500 crores exit rentals with a strong leasing performance.
We have a land bank of over 12 million square feet of residential projects across Chennai, which will be our second biggest market after Bengaluru, the company said.