Brigade Group Commits Rs 15 Billion Investment in Kerala at Global Summit
Real Estate

Brigade Group Commits Rs 15 Billion Investment in Kerala at Global Summit

Brigade Group has pledged an investment of Rs 15 billion in Kerala, aiming to generate over 12,000 jobs over the next five years. The company submitted an Expression of Interest (EOI) at the Invest Kerala Global Summit 2025, in the presence of Chief Minister Pinarayi Vijayan.

The EOI includes plans for Kerala’s second World Trade Center (WTC), following WTC Kochi, along with a luxury island resort in Vaikom and a residential project in Kochi. The projects are expected to be completed by 2030, with government support and regulatory facilitation.

Last month, Brigade signed an MoU with Technopark to develop a 1.5 million sq. ft. WTC in Thiruvananthapuram, while also expanding WTC Kochi with a third tower.

"Kerala remains a key focus for us across commercial, IT office space, hospitality, and residential developments," said Vineet Verma, MD, WTC Trades & Projects, Brigade Group. "With government support, we aim to contribute to the state’s growth in IT, tourism, and real estate."

With nearly four decades in real estate, Brigade has played a pivotal role in Kerala’s development, with WTC Kochi and Four Points by Sheraton standing as key milestones.

Brigade Group has pledged an investment of Rs 15 billion in Kerala, aiming to generate over 12,000 jobs over the next five years. The company submitted an Expression of Interest (EOI) at the Invest Kerala Global Summit 2025, in the presence of Chief Minister Pinarayi Vijayan.The EOI includes plans for Kerala’s second World Trade Center (WTC), following WTC Kochi, along with a luxury island resort in Vaikom and a residential project in Kochi. The projects are expected to be completed by 2030, with government support and regulatory facilitation.Last month, Brigade signed an MoU with Technopark to develop a 1.5 million sq. ft. WTC in Thiruvananthapuram, while also expanding WTC Kochi with a third tower.Kerala remains a key focus for us across commercial, IT office space, hospitality, and residential developments, said Vineet Verma, MD, WTC Trades & Projects, Brigade Group. With government support, we aim to contribute to the state’s growth in IT, tourism, and real estate.With nearly four decades in real estate, Brigade has played a pivotal role in Kerala’s development, with WTC Kochi and Four Points by Sheraton standing as key milestones.

Next Story
Real Estate

The Only Way is Up!

In 2025, India’s real-estate market will be driven by a confluence of economic, demographic and policy-driven factors. Among these, Boman Irani, President, CREDAI National, counts rapid urbanisation, the rise of the middle class, policy reforms like RERA and GST rationalisation, and the Government’s decision to allow 100 per cent FDI in construction development projects (including townships, housing, built-up infrastructure, and real-estate broking services).In the top metros, especially Bengaluru, followed by Hyderabad and Pune, the key drivers will continue to be job creation a..

Next Story
Building Material

Organisations valuing gender diversity achieve higher profitability

The building materials industry is projected to grow by 8-12 per cent over the next five years. How is Aparna Enterprises positioning itself to leverage this momentum and solidify its market presence?The Indian construction and building materials industry is projected to witness significant expansion, with estimates suggesting an 8-12 per cent compound annual growth rate (CAGR) over the next five years. This growth is fuelled by rapid urbanisation, increased infrastructure investments and sustainability-focused policies. With India's real-estate market expected to reach $ 1 trillion by 2030, t..

Next Story
Real Estate

Dealing with Delays

Delays have beleaguered many a construction project in India, hampering the country from building to its ability and potential, and leading to additional costs incurred by the contractor. The reasons for delayIn India, delays mainly occur owing to obtaining statutory approvals, non-provisioning of right of way, utility diversion and approval of drawings and design. Delays are broadly classified based on responsibility and effect. Excusable delays arise from factors beyond the contractor’s control, such as force majeure events or employer-induced delays. These delays generally entitle th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?