Brigade gets INR 126 Cr boost for Twin Towers project

Brigade Enterprises Ltd announced that it received a major injection of INR 126 crore from Shruti Pai, Manipal Education and Medical Group International India Pvt. Ltd.'s Creative Director, into its new Twin Towers project at North-West Bengaluru.

The strategic investment is intended to speed up the development of the luxury residential project that Brigade touts as a landmark project for the area.

Though the company has not revealed details of the stake or investment pattern, the funding is seen as an indication of increased investor optimism in Bengaluru's high-rise luxury residential realty market, especially in fast-growing micro-markets. 

Key highlights:

• Brigade Enterprises receives INR 126 crore investment from Shruti Pai for its luxury Twin Towers project in North-West Bengaluru
• The funding aims to accelerate development of the landmark high-rise residential project amid growing demand in Bengaluru’s upscale realty market
• Investment reflects strong investor confidence in Bengaluru’s luxury real estate and reinforces Brigade’s presence in a rapidly developing micro-market

"Your investment is a clear vote of confidence in the quality and vision behind our Twin Towers project. We feel North-West Bengaluru is ready to take a big leap in terms of residential infrastructure, and this backing will enable us to deliver a world-class development." a Brigade Enterprises spokesperson said.

Twin Towers will be among Brigade's flagship projects and also cement its presence in the locality. The site has the advantage of potential infrastructure projects in the vicinity, enhanced road connectivity, and growing demand for

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Shruti Pai commented, “Brigade’s legacy in real estate and commitment to design excellence align well with my vision for backing meaningful, future-forward developments. I’m excited to be part of a project that’s not just redefining the skyline, but also enhancing the urban living experience.”

Real estate analysts say high-value investments by established entrepreneurs like Pai reaffirm Bengaluru’s status as a top destination for real estate growth and long-term value creation.