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Sidvin Core-Tech India has recently secured a substantial lease agreement with Brigade Group. The tech company is set to occupy an expansive 54,300 square feet of office space within Brigade Deccan Heights, located in Yeshwanthpur. The tenure of the agreement is said to be 10 years. Brigade Deccan Heights is spread over ab impressive 2.2 acres and boasts a vast development area of 4.3 lakh square feet.
The leasing transaction was formalized with Brigade Enterprises, a prominent real estate player in India. Nirupa Shankar, the Joint Managing Director of Brigade Enterprises, highlighted the contemporary shift in the discourse surrounding commercial properties. She noted, "The discussion around new commercial properties is now being influenced by sustainability and smart building designs, and we have taken a forward-thinking approach by creating commercial buildings as a symbol of ecological design." This underscores the growing emphasis on environmentally conscious and technologically advanced structures in the evolving landscape of commercial real estate.
Brigade Deccan Heights, the chosen location for Sidvin Core-Tech India's expanded operations, spans an impressive 2.2 acres and boasts a vast development area of 4.3 lakh square feet. The move aligns with the company's strategic vision to not only increase its engineering capabilities but also to strengthen its overall presence in the bustling tech hub of Bengaluru.
Reflecting on the lease agreement, KN. Karumbaiah, the Vice President of Operations at Sidvin Core-Tech India, expressed enthusiasm about the additional space at Brigade Deccan Heights. He stated, "The additional space at Brigade Deccan Heights will help us expand our engineering operations and strengthen our presence in Bengaluru." This move positions Sidvin Core-Tech India for an exciting phase of growth and innovation as it capitalizes on the conducive environment provided by Brigade Deccan Heights for its expanding engineering endeavours.
This story was earlier published in ET Realty
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