Brigade Group deal to lease 3.75 L sq ft office space to TCS

Image
Press Trust of India Bengaluru
Last Updated : May 16 2017 | 8:42 PM IST
Real estate developer Brigade Group today said it has signed a deal to lease 3.75 lakh square feet of office space to Tata Consultancy Services Limited (TCS) in the city.
The deal is for office space in Brigade Bhuwalka Icon, a 3.75 Lakh sq.Ft. Development, strategically located on Whitefield Main Road, the company said in a release.
It said the office space will house more than 4,000 IT Professionals and the office is expected to start operations in around four months.
"Our philosophy of Quality and Customer FIRST is being recognized by our stakeholders and this is another example which we would look to build on and expand our relationship with TCS and other customers in a meaningful manner."
"We do have a large development plan of around 10 million sft of corporate real estate which provides a great platform to do so," Brigade Group CEO - Retail & Commercial Vishal Mirchandani said.
Brigade Group said it is building a large strategic portfolio in corporate real estate developing 10 million sq.Ft. In addition to its operating portfolio of 6 million sq. ft.
It's under development projects include a 3.3 million sq. ft. Of IT/ ITeS SEZ led Tech Park called Brigade Tech Gardens in Brookefields-Bangalore, World Trade Center (WTC) Chennai which will be the tallest commercial tower in the city apart from other strategic developments, it added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 16 2017 | 8:42 PM IST

Next Story