Brigade Enterprises through its wholly owned subsidiary - Brigade Infrastructure and Power (BIPL) has acquired a prime property admeasuring 12.95 acres at Yeshwanthpur, North Bangalore for a sale consideration of Rs 218 crore from SABMiller India. This property is strategically located to develop an IT Park.
Brigade Enterprises is a property development company. The company focuses on residential, offices, retail and hospitality projects. The company operates through three segments -- Real Estate segment, Hospitality segment and Leasing segment.