Archive · 13 Dec 2025
Brookfield to Invest $1 Billion in Mumbai Office Complex
Brookfield, a big company from Canada, is going to build a huge office building in Mumbai, India.
They are spending $1 billion to make this 2 million square feet building in a place called Powai.
This building will have offices for a big bank and is expected to create more than 30,000 jobs, according to Brookfield, or 45,000 jobs, according to the Maharashtra government.
The building will use only clean energy from the sun and wind.
Brookfield already has a lot of other buildings in Mumbai and other cities in India.
The Maharashtra government believes this project will make the state a global hub for global capability centers and boost economic growth.
The project is expected to be completed by 2029.
Brookfield to invest $1 billion in a 2 million sq ft office complex in Mumbai's Powai district.
The project will house a global capability centre (GCC) for a multinational bank under a 20-year agreement.
The development is expected to generate more than 30,000 jobs (Brookfield) or 45,000 jobs (Maharashtra Government) and will be completed by 2029.
The project will source 100% renewable power and is being executed in partnership with MMRDA, BS Sharma, and the Maharashtra government.
Brookfield holds about $4 billion in real estate assets in Mumbai and has a significant portfolio across India.
- Who
- Brookfield, a Canadian investor and developer, in partnership with BS Sharma, MMRDA, and the Maharashtra government
- What
- Development of a 2 million sq ft office complex in Mumbai's Powai district to house a global capability centre (GCC) for a multinational bank
- When
- Project completion targeted for 2029
- Where
- Powai, Mumbai, India
- Why
- To create a global capability centre (GCC) for a multinational bank, set a new benchmark for the office sector in Asia, and boost skill-based job creation and economic growth in Maharashtra
Brookfield's Perspective
Maharashtra Government's Perspective
Job Creation
Brookfield's Perspective
The project will generate more than 30,000 jobs.
Maharashtra Government's Perspective
The project is expected to generate 45,000 jobs, including 15,000 direct and 30,000 indirect employment opportunities.
Project Significance
Brookfield's Perspective
The development is expected to set a new benchmark for the office sector in Asia.
Maharashtra Government's Perspective
The project is described as Asia’s largest GCC project and will boost skill-based job creation and economic growth in Maharashtra.
- Investment Amount
- $1 billion (₹9,000 crore)
- Project Size
- 2 million sq ft
- Location
- Powai, Mumbai
- Project Completion
- 2029
- Jobs Expected
- More than 30,000 (Brookfield) / 45,000 (Maharashtra Government)
- Power Source
- 100% renewable
- Brookfield's Mumbai Assets
- $4 billion
- Brookfield's India Portfolio
- 55 million sq ft across 7 cities
- Key Attendees
- Chief Minister Devendra Fadnavis, Microsoft CEO Satya Nadella, ANSR CEO Vikram Ahuja, Brookfield’s Ankur Gupta
- Microsoft Investment
- $17 billion India investment plan
