Global asset management major Brookfield has announced plans to invest over ₹9,000 crore to develop Asia’s largest Global Capability Centre (GCC) in Mumbai’s Powai, marking a major boost for the city’s commercial real estate and office leasing market. The ambitious project reinforces Mumbai’s position as a preferred destination for global corporations seeking large-scale, technology-driven office infrastructure.
The proposed GCC campus in Powai is expected to span millions of square feet and cater to multinational firms across sectors such as technology, financial services, consulting, engineering, and data analytics. Once completed, it is likely to generate thousands of high-skilled jobs, significantly contributing to Mumbai’s employment ecosystem and the state’s economic growth.
Powai has emerged as one of Mumbai’s most prominent commercial and residential micro-markets, offering a strategic location, robust infrastructure, and proximity to the international airport, BKC, and key business districts. The presence of leading IT parks, educational institutions, and premium residential developments makes Powai an ideal choice for a large-scale GCC project of this magnitude.
Industry experts believe Brookfield’s ₹9,000-crore investment reflects the rising demand for Global Capability Centres in India. GCCs have evolved beyond cost-arbitrage centres to become innovation hubs driving research, product development, and digital transformation for global enterprises. Mumbai, with its deep talent pool and global connectivity, is increasingly competing with Bengaluru, Hyderabad, and Pune in attracting such investments.
The development is also expected to set new benchmarks in sustainable and smart office design. Sources indicate that the GCC campus will incorporate green building practices, energy-efficient systems, and advanced digital infrastructure, aligning with global ESG standards that Brookfield actively promotes across its portfolio.
India’s commercial real estate sector has witnessed strong leasing momentum over the past few years, with GCCs accounting for a significant share of office space absorption. Brookfield’s Powai project further strengthens confidence in long-term office demand, despite evolving workplace models.
With this landmark development, Mumbai’s Powai is poised to become a key GCC hub in Asia, while Brookfield continues to deepen its footprint in India’s fast-growing real estate and infrastructure markets.
