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Brigade Group, Bain Capital form JV to develop premium mixed-use project in Bengaluru

30 Apr 2026 Evaluate

Brigade Group has entered into a strategic partnership with Bain Capital to develop a premium mixed-use project in Whitefield, Bengaluru. The project will be developed through a 50:50 joint venture (JV) between the two partners with a total project investment of around Rs 2200 crore. It will rise on an around 11-acre land parcel. Strategically located on the ITPL Main Road, Whitefield, Bengaluru, adjacent to the Whitefield Metro Station, the project is planned as an integrated development of around 2 million sq. ft. comprising Grade A office space and a five-star hotel to be operated by a leading international hotel brand.

This project aims to address the rising demand for quality commercial and hospitality infrastructure in one of India’s most prominent technology corridors. For Brigade Group, the joint venture further strengthens its commercial development portfolio in Bengaluru and aligns with its long-term strategy of partnering with global institutional capital to deliver large-scale, premium assets. This investment also reflects Bain Capital’s broader activity in India, where the firm has continued to expand its presence in real estate, with an approach rooted in asset-backed opportunities and partnership-led investing.

Brigade Enterprises, a flagship company of Brigade Group, 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.

Brigade Enterprises Share Price

791.85 -0.15 (-0.02%)
05-May-2026 16:59 View Price Chart
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