India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

Brookfield plans to invest over $1 billion to develop Asia’s largest Global Capability Centre in Mumbai’s Powai. The project, expected to be completed by 2029, reinforces India’s position as a global GCC hub and highlights how large-scale GCC investments are driving sustained demand for office real estate.
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Brookfield India REIT has opened a Qualified Institutional Placement to raise ₹3,500 crore, setting a floor price of ₹327.33 per unit. The move follows unitholder approval and reflects growing investor interest as Grade A office demand strengthens. The REIT manages 29.1 million sq. ft. across major Indian cities.
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Brookfield India REIT will acquire Ecoworld—a 7.7 msf Grade-A campus on Bengaluru’s Outer Ring Road—for ₹13,125 crore, marking India’s largest office transaction. The deal expands the operating area to 32.3 msf, lifts GAV to ₹53,600 Crore, and is expected to raise DPU by ~3%. Funding blends new debt and equity; GCC tenancy deepens.
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