MoneyWorks4Me

Brigade Enterprises buys property at North Bangalore for Rs 218 crore

30 Dec 2017 Evaluate

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.


Peers
Company Name CMP
Lodha Developers 1067.75
Prestige EstatesProj 1408.70
Dilip Buildcon 398.85
DLF 636.35
Oberoi Realty 1671.00
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