"It was very good to meet the Ankur Gupta (Deputy Chief Investment Officer and Head of Asia Pacific and Middle East-Real Estate, Brookfield) (in right) in Mumbai today.  The project will house a GCC for a marquee multinational bank, spanning a 20-year term, making it Asia's largest GCC project," said Fadnavis (in left).
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Storyboard12-12-2025, 20:14

Brookfield commits $1bn to Asia's largest GCC in Mumbai's Powai, creating 30,000 jobs

  • Brookfield to invest up to $1 billion for Asia’s largest Global Capability Centre (GCC) in Mumbai’s Powai.
  • The 2 million sq. ft. GCC is expected to create over 30,000 jobs and be completed by 2029.
  • Maharashtra CM Devendra Fadnavis highlighted the investment, noting the state's appeal and plans for a dedicated GCC policy.
  • The project is a joint venture with B.S. Sharma, under an agreement with the Mumbai Metropolitan Region Development Authority (MMRDA).
  • Brookfield reaffirms its commitment to Mumbai, where it owns over $4 billion in real estate projects and is a major office landlord.

Why It Matters: Brookfield's $1B investment creates 30,000 jobs, solidifying Mumbai's global business hub status.

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