Brigade Group signs lease agreement to provide 54,300 sqft office space in Bengaluru

Sidvin Core-Tech signs lease agreement with Brigade Group for office space in Bengaluru.

Published on: Dec 22, 2023, 17:03:14 IST

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Realty firm Brigade Enterprises on Thursday said it has provided on lease 54,300 sq ft of office space in Bengaluru to Sidvin Core-Tech India Pvt Ltd.

Brigade Group has leased 54,300 square feet of Grade A office space at Brigade Deccan Heights in Northwest Bengaluru to Sidvin Core-Tech India Private Limited

Sidvin, which provides design engineering services and consulting solutions to oil and gas offshore industry, has signed a lease agreement with Brigade Group to secure 54,300 sq ft of Grade A office space at Brigade Deccan Heights in northwest Bengaluru.

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The office complex is spread over 2.2 acres with a 4.3 lakh sq ft development area.

"Northwest Bengaluru is fast becoming a much sought-after area for commercial Grade A office establishments. The region is growing at a phenomenal pace and is emerging as a significant micro market in the city," Brigade Enterprises Joint Managing Director Nirupa Shankar said.

Established in 1986, Brigade Enterprises Ltd is one of India's leading property developers.

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It has completed over 80 million sq ft of area in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, GIFT City-Gujarat, and Thiruvananthapuram.

The company is into development of residential, office, retail and hospitality projects.

According to real estate consultant Vestian, the Bengaluru office market was affected during the July-September period as gross leasing of workspace fell 28 per cent and new supply declined 25 per cent year-on-year amid subdued demand from corporates.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More