Mumbai Powai to Welcome 13 Lakh Sq Ft JPMorganChase Office Tower
Brookfield Properties has announced a major built-to-suit development in Powai, Mumbai, set to house JPMorganChase’s employees in a 1.3 million sq ft state-of-the-art office campus. The project, spanning six acres and developed in partnership with B.S. Sharma under an agreement with the Mumbai Metropolitan Region Development Authority (MMRDA), is expected to be completed by 2030. The facility aims to consolidate Mumbai-based employees under one sustainable, modern workspace, reflecting India’s growing importance as a global capability centre (GCC) hub.
The development, led by Brookfield Asset Management as the majority owner, will incorporate advanced office design and sustainability features. “This landmark project reinforces India’s position as a leading GCC destination,” said a senior Brookfield official. “Our focus remains on delivering Grade A office assets that prioritise operational excellence, employee experience, and environmental sustainability.” The campus will operate entirely on green power and meet market-leading sustainability standards, reinforcing Brookfield’s commitment to sustainable urban development.
Strategically located in Powai, the office campus benefits from robust connectivity and a thriving talent pool. Powai is already an integrated township spanning 250 acres, offering high-quality residential developments, retail spaces, and social infrastructure, forming a live-work-play ecosystem. Industry experts note that the Powai office cluster has increasingly attracted multinational companies due to its modern infrastructure and proximity to both talent and transit hubs.
Brookfield Properties manages approximately 55 million sq ft of office space across seven Indian cities and has consistently delivered high-quality Grade-A assets. The Powai campus is expected to further strengthen the firm’s presence in Mumbai, highlighting the city’s appeal to global corporations seeking sustainable, large-scale office environments. Analysts suggest that such large, purpose-built campuses also contribute to urban consolidation, reducing employee commute times and promoting eco-friendly building practices. “This development aligns with the broader trends of corporates investing in sustainable, scalable, and employee-centric office environments,” an urban planning analyst commented. “By integrating green energy solutions and modern workspace design, Brookfield is setting a benchmark for future commercial developments in Mumbai.”
The Powai campus not only underscores the city’s position as a leading business hub but also exemplifies the shift toward environmentally responsible and operationally efficient urban offices. With completion slated for 2030, the project is expected to deliver long-term economic, social, and environmental benefits to the region, supporting Mumbai’s vision for sustainable urban growth.
