Brigade Enterprises Expands to Kochi with New IT Office Project
Brigade Enterprises, a Bangalore-based real estate developer, has secured 5 acres of land in Kochi for the development of IT office space. The land is situated within the processing area of Kochi's Info Park Special Economic Zone (SEZ).
Info Park Development spearheaded by the Government of Kerala
The Info Park project, spearheaded by the Government of Kerala, involves transforming 100 acres of land currently overseen by Info parks Kerala, an independent entity under the state government's custodianship. This will contribute to the growth of the IT sector in Kochi.
Project Details and Partnership with Info Park
“We have just got the bid and it is under the planning junctures to establish the price of the project. The built-up area is likely to be just about 4-5 lakh sq feet of IT office space and Brigade will co-develop the space along with Info Park, Kochi,” a senior Brigade company official stated.
The project, still in its planning stages, aims to create approximately 4-5 lakh square feet of IT office space. Brigade Enterprises will collaborate with Info Park, Kochi, in a co-development arrangement, combining resources and sharing the responsibility of this significant initiative.
South India Expansion Strategy
This venture into Kochi’s IT office market is a key element of Brigade's broader expansion strategy within South India. Traditionally concentrated in Bangalore and Mysore, serving the IT and BPO sectors, the firm sees great promise in broadening its presence in the region.
“This is for the first time we are increasing our base after having gained enough knowledge and expertise in managing a large number of domestic and global firms as our clients,” the official explained. This expansion marks a significant step for the company, leveraging its established expertise in managing a diverse portfolio of domestic and international clients to new markets.