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Brigade Group signs agreement to develop third tower of WTC in Kochi

20 Jun 2024 Evaluate

Brigade Group has signed agreement to develop a third tower of the World Trade Center (WTC) at Infopark Kochi. The Rs 150 crore project will be developed by Brigade Group. The new tower will be 16 storeys high with a car-park of six decks; it will come up on the non-SEZ plot with a built-up space of 2.6 lakh square feet. This new tower of WTC will generate around 2700 direct jobs and the project is expected to complete in three years.

Brigade has also developed the luxury business hotel Four Points by Sheraton Kochi Infopark, which is located in Infopark Phase 1. Furthermore, the company is developing Brigade Square in Trivandrum, a Grade A office building located in Technopark Phase 1. Brigade Group is the license owner of six WTCs in South India - Bengaluru, Chennai, Kochi, Hyderabad, Trivandrum and Devanahalli. Over the last 38 years, the Brigade Group has completed around 300 buildings and 90 mn sqft across its diverse portfolio.

Brigade Enterprises is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.

Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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