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ABOUT US

ABOUT US

We

scale through strategic acquisitions.

design, procure & manage assets.

develop & scale responsibly.

enhance infrastructure performance.

A pioneer in Bengaluru’s commercial real estate, with nearly three decades of experience, the Bagmane Group specializes in developing and managing large-format Grade A office assets.

A pioneer in Bengaluru’s commercial real estate, with nearly three decades of experience, the Bagmane Group specializes in developing and managing large-format Grade A office assets.

Beyond our Real Estate

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Office Spaces

27.7 msf Total Area Developed

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MANAGED SPACES

Developed residential spaces across 5 key cities

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Solar Parks

247.3 under 6 Solar Parks

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Hotel Assets

607 Keys under 2 Hotels

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From Vision to Value: Our Story

Our journey started with a simple belief-that high-quality real estate opportunities should be accessible, transparent, and built on trust. Over the years, we've assembled a diverse portfolio of resilient assets, fostered a data-driven approach to decision-making, and upheld the highest standards of governance.

  • 1996

    The visionary Mr. Raja Bagmane founded the Bagmane Group

  • 2001

    Marked the start of Bagmane Tech Park construction

  • 2003

    First development completed at Bagmane Tech Park, adding to 0.3 Mn sq. ft. portfolio

  • 2007

    Launch of Bagmane World Technology Center, expanding the total portfolio to 1.8 Mn sq. ft.

  • 2008

    Set up of Bagmane Constellation Business Park, and Bagmane World Technology Center, contributing to the portfolio at 2.6 Mn sq. ft.

  • 2013

    Expansion of Bagmane Group portfolio to 6.4 Mn sq. ft.

  • 2015

    Acquisition of 150 acres of land across Whitefield, Yelahanka and Bangalore ORR; Total Bagmane portfolio grew to 9.0 Mn sq. ft.

  • 2017

    Launch of Bagmane Solarium City in Whitefield and Bagmane Capital on ORR; Bagmane Group portfolio grew to 11.3 Mn sq. ft.

  • 2018

    Launch of Bagmane Rio Business Park and launch the operations of Captive Solar Park, expanding the portfolio to 13.0 Mn sq. ft.

  • 2021

    Expansion of Bagmane portfolio to 21.8 Mn sq. ft.

  • 2022

    Launch of Bagmane Cosmos Business Park, adding 22.5 Mn sq. ft. to the portfolio

  • 2023

    Total Bagmane portfolio grew to 25.8 Mn sq. ft. Commencement of Bagmane Sierra Business District construction

  • 2024
    & Beyond

    Expansion into Delhi & Chennai with a build potential of 13.3 Mn Sq. ft.

Commitment to sustainability and high corporate governance standards across our operations

We have a firm commitment to a sustainable and responsible business that contributes to our long-term value. We are also committed to ethical practices and sustainable development in our supplier relationships across our value chain.

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80%

We are RE100 members committed to 100% renewable energy by CY2030, with a sustainability roadmap targeting 80% renewables short-term, zero waste to landfill, and water positive status.

Guided by Vision, Driven by Expertise

Raja Bagmane

Raja Bagmane

Chairperson
Non-Executive Directors

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Raja Bagmane is a Non-Executive Chairman on the Board of our Manager. He is the founder of the Bagmane Group and a designated partner of the Sponsor. He has over 28 years of experience in the real estate sector and has been actively involved in the growth of the Bagmane Group’s portfolio. Since the inception of its real estate business in 1999, the Bagmane Group has delivered over 27.7 msf across seven commercial real estate projects in Bengaluru, representing approximately 12.3% of Bengaluru’s total Grade A office stock as of June 30, 2025.

Aditya Bagmane

Aditya Bagmane

Non-Executive Directors

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Aditya Bagmane is a Non-Executive Director on the Board of our Manager. He holds a Bachelor’s Degree in Mechanical Engineering from RV College of Engineering and a master’s degree in business administration from the Ross School of Business, University of Michigan. He has over nine years of experience in the real estate sector and has been involved in the Bagmane Group’s project planning, pre-development assessments, feasibility analysis, maintenance of key tenant relationships, procurement, and oversight of large construction and development pipelines. His responsibilities include leading new-market evaluations, partnership initiatives, and long-term development planning, with exposure to land assessment, tenant requirements, and the financial considerations of the projects of our Manager.
Shashank Bagmane

Shashank Bagmane

Non-Executive Directors

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Shashank Bagmane is a Non-Executive Director on the Board of our Manager. He holds a Bachelor’s Degree in Arts in International Business, Finance, and Economics from the University of Manchester, and a master’s degree in business administration from IE University, Business School, Madrid. He was previously associated with Accenture (UK) Limited. He has over seven years of experience within the Bagmane Group and has been involved in the Group’s acquisitions, finance, asset operations, hospitality, and renewable energy initiatives. His responsibilities include coordinating financial planning processes, tracking operational and portfolio-level performance, and supporting the optimisation of the workplace and asset management functions of our Manager.

Abhishek Goenka

Abhishek Goenka

Independent Directors

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Abhishek Goenka is an Independent Director on the Board of our Manager. He holds a Bachelor’s Degree in Commerce from Bangalore University and is a member of the Institute of Chartered Accountants of India. He is the founder of Aeka Advisors India LLP, a transaction support and advisory firm. He has extensive experience across finance roles and has previously been associated with organisations including Associated Professional Services (RMZ Corp), BMR & Associates LLP, and Price Waterhouse Coopers.

Rajeshwari Srinivasan

Rajeshwari Srinivasan

Independent Directors

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Rajeshwari Srinivasan is an Independent Director on the Board of our Manager. She holds a Master’s Degree in International Business from the Indian Institute of Foreign Trade, Delhi, and a postgraduate diploma in business administration from Madras Christian College, Chennai. She has been associated with the Tata Group for over 30 years and has held leadership positions across several Tata Group entities, including Rallis India Limited, Tata Tea Limited, Taj Trade and Transport Company Limited, the Indian Hotels Company Limited, and Titan Company Limited. She previously served as the Chief Executive Officer of FabIndia Limited and is currently the Founder, Chief Executive Officer, and Managing Partner of SAMA Ventures LLP. She has over 30 years of experience across the consumer, retail, and hospitality sectors.

Korgi Shashikiran Shetty

Korgi Shashikiran Shetty

Independent Directors

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Korgi Shashikiran Shetty is an Independent Director on the Board of our Manager. He holds a Bachelor’s Degree in Law from the National Law School of India University, Bengaluru. He has been a member of the Karnataka State Bar Council since 1999, was designated a Senior Advocate by the Karnataka High Court in 2014, and currently serves as the Advocate General for the State of Karnataka. He has been heading the law firm, Shetty and Hegde Associates, since 2000. He is also a member of the General Council of the National Law School of India University.

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Richard Hugh Andrew

Richard Hugh Andrew

Chief Executive Officer

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Richard Hugh Andrew is the Chief Executive Officer of our Manager. He is responsible for the overall financial and operational performance of the Manager. He guides senior management in the execution of their roles and responsibilities and sets performance objectives as appropriate. He is a Fellow of the Royal Institution of Chartered Surveyors and has completed the International Directors Programme at INSEAD. He was previously associated with Hongkong Land and BlackRock (Singapore) Limited. He has over 27 years of experience in management roles within the real estate sector.

Raj Kumar T

Raj Kumar T

Chief Operating Officer

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Raj Kumar T is the Chief Operating Officer of our Manager and has been associated with the Bagmane Group for over 20 years. He is involved across finance, accounts, procurement, contracts, and commercial functions in the real estate sector, including structuring and negotiating lease transactions, vendor and service arrangements, and the structuring, execution, and closure of acquisitions. He holds a Bachelor’s Degree in Commerce from Madras Christian College, University of Madras, and is a qualified Chartered Accountant. Prior to joining the Bagmane Group, he was associated with the Housing and Urban Development Corporation. He has over 23 years of experience in finance, accounts, and other commercial functions in the real estate sector.

Ashay Shailesh Shah

Ashay Shailesh Shah

Chief Financial Officer

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Ashay Shailesh Shah is the Chief Financial Officer of our Manager and has been associated with the Bagmane Group for over four years. He oversees various aspects of commercial real estate projects, including equity and debt fund raising, acquisitions, strategy, structuring, and investor relations. He holds a Bachelor’s Degree in Mechatronics Engineering from Sardar Patel University, Gujarat, a Postgraduate Diploma in Management with a Specialisation in Finance from Welingkar Institute of Management Development and Research, Mumbai, and a Postgraduate Degree in Business Laws from the National Law School of India University, Bengaluru. He is also a Chartered Financial Analyst and a Certified Financial Risk Manager. Prior to joining the Bagmane Group, he was associated with K Raheja Corp Group, GVK Jaipur Expressway Private Limited (part of the GVK Group), and Tata Consultancy Services Limited. He has over 16 years of experience, including more than 12 years in corporate finance and financial reporting in the real estate sector.

Venkatesh Ranganath P

Venkatesh Ranganath P

Company Secretary and Compliance Officer

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Venkatesh Ranganath P is the Company Secretary and Compliance Officer of our Manager and has been associated with the Bagmane Group for over 3 years. He heads corporate governance, regulatory, and secretarial compliance for the Manager. He is a qualified Company Secretary and a member of the Institute of Company Secretaries of India. He also holds a Bachelor’s Degree in Commerce from PSG College of Arts and Science and a Bachelor’s Degree in Law from Karnataka State Law University. He has previously worked with Bosch Global Software Technologies Private Limited, Embassy Office Parks Management Services Private Limited, Coffee Day Trading Limited, and LGB Forge Limited, and has over 12 years of experience in corporate governance, regulatory, and secretarial compliance roles.

Ashwini Sumanth

Ashwini Sumanth

Head- Leasing

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Ashwini Sumanth is the Head of Leasing of our Manager and has been associated with the Bagmane Group for over 22 years. She holds a Bachelor’s Degree in Business Management from Kuvempu University. She is responsible for client engagement, with a focus on repeat business and long-term partnerships aimed at expanding the Bagmane Group’s presence. At the Manager level, she drives new leasing opportunities and ensures continuous occupancy growth across the REIT portfolio. She has over 22 years of experience in the real estate sector.

P. Udayakumar

P. Udayakumar

Vice President – Projects

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P. Udayakumar is the Vice President of Projects of our Manager and has been associated with the Bagmane Group for over 12 years. He heads the projects vertical of the Manager, covering design, sustainability, and adherence to safety and quality standards. He is responsible for leading large-scale developments, risk mitigation, and value engineering across complex, high-value real estate projects. He holds a Diploma in Civil Engineering from the Department of Technical Education, State Board of Technical Education and Training (Tamil Nadu). Prior to joining the Bagmane Group, he was associated with L&T Limited and Associated Professional Services. He has over 39 years of experience across commercial, residential, and industrial developments.

Abhijit Paul Zacharia

Abhijit Paul Zacharia

Head - Sustainability

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Abhijit Paul Zacharia is the Head of Sustainability of our Manager and has been associated with the Bagmane Group since June 24, 2024. He is responsible for driving the sustainability agenda, embedding responsible practices and environmental, social, and governance (ESG) principles across real estate projects. He holds a Bachelor’s Degree in History from Hindu College, Delhi University, and a Postgraduate Diploma in Wildlife Management from the College of African Wildlife Management, Mweka, Tanzania. He was previously associated with Wild Ecologues LLP, Wildlife Protection Society of India, INDEBO India Private Limited, Wipro Limited, Wipro Foundation, and LTI Mindtree Limited. He has over 23 years of experience in environmental and social governance.

Sathyasraya Pulikeshi

Sathyasraya Pulikeshi

General Counsel

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Sathyasraya Pulikeshi is the General Counsel of our Manager and has been associated with the Bagmane Group since October 6, 2025. He heads legal strategy, risk management, regulatory approvals, and compliance for the Manager. He is involved in the structuring, negotiation, and execution of real estate transactions, including acquisitions, leases, joint development arrangements, and dispute resolution. He holds a Bachelor’s Degree in Law from Bangalore University and has been registered with the Karnataka State Bar Council since 1998. He was previously associated with Amazon Seller Services Private Limited, BearingPoint Business Consulting Private Limited, Prestige Estates Projects Limited, L.T. Karle & Co., and Fox Mandal & Associates. He has over 23 years of experience in the legal sector

Sandesh R. Kamath

Sandesh R. Kamath

Finance Controller

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Sandesh R. Kamath is the Finance Controller of our Manager and has been associated with the Bagmane Group for over seven years. He heads the financial reporting function and oversees direct and indirect tax compliance, client billing and collections, acquisitions, and structuring. He is a qualified Chartered Accountant and holds a Bachelor’s Degree in Commerce from Bangalore University, Karnataka. Prior to joining the Bagmane Group, he was an Associate Director at BSR & Associates LLP. He has over 13 years of experience in consulting and real estate.

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Our Achievements

Organization's Quality Management System (ISO 9001:2015)

Organization's Environmental Management System (ISO 14001:2015)

Organization's Occupational Health and Safety Management System (ISO 45001:2018)

Five-Star Occupational Health and Safety Audit

Best of the best in β€˜Health, Safety & Environmental management in Bagmane’

Received 5/5 GRESB rating

WELL Health and Safety Rating awarded for Bagmane Constellation Business Park, Bagmane Teck Park, Bagmane Work Technology Centre, Luxor @ Bagmane Capital Tech Park, Bagmane Rio Business Park.

Legal Disclaimer – Important

By entering the requested information and selecting the “Continue” button, you warrant that you are neither resident in the United States, Canada, United Kingdom, Australia or Japan nor currently located in the United States, Canada, United Kingdom, Australia or Japan and you agree that you will not transmit or otherwise send any information contained in this web site to any person resident in the United States, Canada, United Kingdom, Australia or Japan.
Page 1 [If person indicates he is a resident of a country other than the United States, Canada, United Kingdom, Australia or Japan]
The following notice applies to the draft offer document (“the Draft Offer Document”) of the Bagmane Prime Office REIT (the “REIT”), sponsored by Bagmane Realty and Infrastructure LLP (the “Sponsor”), and managed by Bagmane Realty Investment Manager Private Limited (the “Manager”), with Axis Trustee Services Limited (the “Trustee”, and together with the REIT, the Sponsor, the Sponsor group and the Manager, the “Parties to the REIT”), filed with the Securities and Exchange Board of India (the “SEBI”) and the stock exchanges in India and hosted on this website in connection with a proposed initial public offering of units of the REIT (the “Offer”).
PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA. THESE MATERIALS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA REAL ESTATE INVESTMENT TRUSTS) REGULATIONS, 2014, AS AMENDED AND THE SEBI MASTER CIRCULAR FOR REAL ESTATE INVESTMENT TRUSTS DATED JULY 11, 2025, BEARING REFERENCE NO. SEBI/HO/DDHS-POD-2/P/CIR/2025/99 , AS UPDATED FROM TIME TO TIME.
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The information furnished on the following web pages relates to the REIT and affiliates (together, the “Group”). The REIT, and the Parties to the REIT do not accept any responsibility for any contravention of applicable securities laws and regulations by individuals as a result of false information provided by such individuals.
Access to the Draft Offer Document or related materials on the following web pages does not constitute a recommendation by the REIT, the Parties to the REIT or their directors or promoters, as applicable, the members of the syndicate or any of their respective affiliates or any other person to subscribe to the units of the REIT offered in any proposed offering.
The Draft Offer Document and related materials have been hosted on this website as prescribed under the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended and the SEBI master circular for real estate investment trusts dated July 11, 2025, bearing reference no. SEBI/HO/DDHS-POD-2/P/CIR/2025/99 dated , as updated from time to time. We have taken all necessary steps to ensure that the contents of the Draft Offer Document as appearing on this website are identical to the Draft Offer Document filed with the SEBI. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently, the REIT, the Parties to the REIT, and their respective affiliates, directors, agents, officers, representatives, advisers or employees do not accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data.
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Neither the REIT, nor the Parties to the REIT, nor any of their respective affiliates, directors, agents, officers, representatives, advisers or employees will be responsible or have any responsibility of any kind for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.
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The information on the following web pages is intended solely to provide background information on the REIT and does not constitute, or form a part of, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire, any units or other securities of the REIT in any jurisdiction, including in the United States, and is not for publication, release or distribution in the United States. The units or other securities of the REIT have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state of other jurisdiction in the United States, and may not be offered, sold, pledged or otherwise transferred except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state securities laws.
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