India, Oct. 8 -- Bengaluru-based Brigade Group plans to invest around Rs.40,000 crore over the next three years to develop 40 mn sq ft of housing, commercial, hospitality and warehousing projects across major cities in South India, as part of its expansion plans. Of this, around 70% will be allocated to residential, 20% to office and retail, and 10% to hospitality.

The company, which marked 40 years in business on October 8, plans to build a development pipeline of around 40 million sq ft across its markets, Executive Chairman M R Jaishankar said while outlining the company's growth plans for the next three years.Over the next three years, Brigade plans to invest across residential, commercial, retail, hospitality and its emerging busine...