Bengaluru: Real estate developer Brigade Group has announced its entry into the industrial real estate segment with plans to develop a 25-acre industrial park in Devanahalli, marking a strategic diversification beyond its core residential, office and retail businesses.

The upcoming industrial park will be located in North Bengaluru, a region that has emerged as a major investment corridor driven by infrastructure growth and proximity to Kempegowda International Airport. The project will cater to logistics, manufacturing and warehousing occupiers, reflecting the growing demand for organised industrial infrastructure around the airport region.

Industry observers note that developers across India are increasingly entering the industrial and logistics real estate segment, supported by rising demand from e-commerce companies, third-party logistics providers and global manufacturing firms looking to expand operations in India.

A Strategic Expansion into Industrial & Logistics Real Estate

The industrial park marks Brigade Group’s formal entry into the industrial and logistics asset class, a segment that has been gaining traction among developers and institutional investors in recent years.

The planned development is expected to offer built-to-suit and ready industrial facilities for companies seeking modern warehousing and manufacturing infrastructure in Bengaluru’s northern growth corridor.

With global supply chains diversifying and manufacturing investments increasing in India, demand for Grade-A industrial parks near major transport hubs has grown steadily. Developers are therefore expanding beyond traditional residential and office developments to capture opportunities in industrial real estate.

Why Devanahalli Is Emerging as an Industrial Growth Hub

The choice of Devanahalli for the project reflects the area’s rapid transformation into one of the most important economic corridors in North Bengaluru.

Located about 40 kilometres from central Bengaluru, Devanahalli has witnessed significant development following the establishment of Kempegowda International Airport, which has triggered large-scale investments across logistics, aerospace, technology and residential projects.

The region is also home to several upcoming industrial and technology parks, including aerospace and manufacturing clusters, making it an attractive destination for companies seeking well-connected industrial infrastructure.

Government-led initiatives and infrastructure upgrades are further expected to strengthen the area’s position as a key economic hub in North Bengaluru.

Industrial Real Estate Gains Momentum in India

The move by Brigade Group highlights a broader shift in India’s real estate sector, where developers are increasingly diversifying into industrial and logistics assets.

The segment has gained prominence in recent years due to factors such as the growth of e-commerce, manufacturing expansion & the need for modern supply-chain infrastructure. Industrial parks near major airports and logistics corridors have become particularly attractive to occupiers seeking faster distribution networks. North Bengaluru, with its proximity to the airport and expanding infrastructure network, is emerging as one of the most promising locations for such developments.

Outlook

Brigade Group’s entry into the industrial real estate segment signals the developer’s intent to broaden its portfolio beyond traditional real estate verticals. With industrial and logistics demand continuing to rise across major Indian cities, the upcoming project in Devanahalli could position the company to tap into a fast-growing asset class within the real estate sector.

As infrastructure expansion and manufacturing investments gather pace, the North Bengaluru corridor is expected to play a key role in the city’s next phase of industrial and commercial growth.