Hines and DNR Group, a global real estate investment group, would spend Rs 650 crore on a one million sq ft grade-A 20-story office skyscraper in Yeshwanthpur, Bengaluru.
DNR Group and Hines have begun work on DNR Altitude, which will be built on a 4-acre commercial site owned by DNR Group.
The project has already received a Rs 200 crore first investment. In 2020, DNR Group and Hines formed a collaboration to develop the project.