Particle.news
Download on the App Store
10 ARTICLES
·
last mo.

Brookfield to Build Asia’s Largest GCC in Mumbai’s Powai in $1 Billion-Plus Project

Officials project 15,000 direct jobs, with another 30,000 positions supported indirectly.

Image
Image
Mumbai, Dec 12 (ANI): Maharashtra Chief Minister Devendra Fadnavis felicitates Brookfield Deputy Chief Investment Officer and Head of Asia Pacific and Middle East-Real Estate, Ankur Gupta as Brookfield invests USD 1 billion to build Asia's largest Global Capacity Centre in Powai, in Mumbai on Friday. (@Dev_Fadnavis X/ANI Photo) (Devendra Fadnavis X)
Image

Overview

  • The six-acre Powai campus is planned to deliver about 2 million square feet of lettable space by 2029.
  • Brookfield says it has signed a 20-year lease with a multinational bank to anchor the facility.
  • The project will be executed through an agreement with MMRDA in partnership with B S Sharma.
  • Brookfield states the centre’s entire power demand will be met through renewable energy.
  • Chief Minister Devendra Fadnavis says a formal MoU will be signed soon, as Maharashtra advances its GCC hub strategy.