Brigade To Invest `4,000 Cr. For Commercial Realty
Together, both parties invested `1000 crore in buying land parcel across the Southern cities. “With GIC, we are building 5.5 mn sq ft currently that is expected to be concluded by 2020,” he said. Additionally, Brigade Enterprises has also moved all its hotel assets into a separate unit to raise funds to fuel future strategy. It plans to increase the number of hotel rooms to 2,000 by 2022 from 1,200 now.
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