Bengaluru’s North-West Corridor Set for Major Real Estate Expansion

Brigade Enterprises Limited ( (IN:BRIGADE) ) has shared an announcement.

A recent study by Brigade Group and Meraqi Advisors highlights the rapid growth of Bengaluru’s North-West Corridor, predicting a commercial stock of 16 to 19 million sq. ft. by 2030, with an incremental demand of 5 to 8 million sq. ft. This area is emerging as a major Secondary Business District due to its cost-effectiveness compared to other regions and improved connectivity through metro rail and expressways. The demand for residential units is also expected to rise significantly, with an additional 10,000 units needed by 2030, driven by real estate activities and infrastructural developments. The transformation of industrial lands and the establishment of Grade A office spaces are positioning the region as an attractive location for global companies.

More about Brigade Enterprises Limited

Brigade Enterprises Limited operates in the real estate industry, focusing on the development of residential, commercial, and hospitality properties. The company is known for its significant contributions to the real estate sector in India, particularly in Bengaluru, where it has developed numerous projects catering to various market segments.

YTD Price Performance: -19.72%

Average Trading Volume: 32,722

Current Market Cap: 242.7B INR

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