Brigade Group to invest Rs 1,500cr in Kerala, creating 12,000 jobs by 2030

Brigade Enterprises Limited, the flagship company of Brigade Group, has reaffirmed its commitment to Kerala’s economic growth by announcing a massive ₹1,500 crore investment. The company submitted an Expression of Interest (EOI) at the Invest Kerala Global Summit 2025, signaling its intent to expand operations across commercial, residential, and hospitality sectors. The proposed projects are expected to generate more than 12,000 jobs over the next five years and contribute significantly to Kerala’s infrastructure and real estate development.

Brigade Group, which has already established a strong presence in the state through commercial and hospitality ventures, plans to develop its second World Trade Center (WTC) in Kerala, following the success of WTC Kochi. In addition to commercial expansion, the company is venturing into luxury hospitality and residential real estate with two major projects—a luxury island resort in Vaikom and a new high-end residential project in Kochi. These developments, slated for completion by 2030, align with Kerala’s increasing demand for premium office spaces, world-class tourism infrastructure, and high-quality urban living spaces.

What are the key projects Brigade Group is developing in Kerala?

Brigade Group’s latest expansion plan focuses on three major developments in Kerala. The first is the establishment of World Trade Center Thiruvananthapuram, which will further enhance Kerala’s position as a hub for IT office space and commercial real estate market. This follows the company’s recent Memorandum of Understanding (MoU) with Technopark, which outlines the development of a 1.5 million sq. ft. IT and office infrastructure project across multiple towers.

Simultaneously, Brigade Group is expanding WTC Kochi by constructing a third tower in Infopark, increasing the city’s IT workspace to over 1 million sq. ft. These investments in commercial real estate reflect Kerala’s growing appeal as a preferred destination for IT and technology firms, attracting multinational corporations and boosting employment opportunities.

In the hospitality sector, the company is set to launch a luxury island resort in Vaikom, designed to cater to Kerala’s booming tourism industry. Positioned as a high-end destination, this resort will capitalize on the state’s reputation as an international travel hotspot. The third major project is a new residential development in Kochi, aimed at catering to the demand for premium housing solutions in one of Kerala’s most rapidly growing urban centers.

Why is Kerala an attractive market for Brigade Group’s expansion?

Brigade Group’s Managing Director of WTC Trades & Projects, Vineet Verma, highlighted Kerala’s supportive business environment, strong IT sector, and flourishing tourism industry as the key factors driving the company’s expansion. He noted that Kerala’s position as a leading IT/ITES destination, along with its well-developed infrastructure and skilled workforce, makes it an ideal market for further investment in commercial real estate and IT office space.

Over the past few years, Kerala has witnessed significant growth in its IT sector, with cities like Kochi and Thiruvananthapuram emerging as major technology hubs. Government-backed initiatives, such as Technopark and Infopark, have attracted several multinational corporations, fueling the demand for premium office spaces. Brigade Group’s decision to expand its WTC presence in the state is in response to this increasing demand.

Additionally, Kerala remains one of India‘s top tourism destinations, with a steady inflow of domestic and international visitors. The luxury island resort in Vaikom is positioned to leverage the state’s high-value tourism potential, providing world-class amenities to travelers seeking premium hospitality experiences.

What impact will Brigade Group’s investment have on Kerala’s economy?

Brigade Group’s ₹1,500 crore investment is expected to deliver long-term benefits to Kerala’s employment landscape, infrastructure, and real estate sector. The creation of more than 12,000 jobs across IT, construction, and hospitality will contribute to economic growth while also supporting small and medium enterprises (SMEs) involved in the supply chain.

The expansion of WTC Kochi and WTC Thiruvananthapuram will attract leading technology firms, fostering innovation and entrepreneurship within the state. Additionally, the residential project in Kochi will provide high-quality housing options for professionals and expatriates, strengthening the city’s urban development.

On the tourism front, the luxury island resort in Vaikom is poised to elevate Kerala’s position as a premier hospitality destination. This project aligns with the state’s vision to develop high-value tourism infrastructure, catering to both international travelers and domestic tourists seeking exclusive experiences.

What is Brigade Group’s long-term vision for Kerala?

With nearly four decades of experience in real estate development, Brigade Group has built a reputation for delivering premium commercial, residential, and hospitality projects across South India. The company has successfully developed landmark properties in Bengaluru, Chennai, Hyderabad, Mysuru, and Kochi, shaping urban skylines and setting new benchmarks in real estate excellence.

In Kerala, Brigade Group’s prior successes include WTC Kochi and Four Points by Sheraton, which have reinforced the company’s commitment to quality-driven infrastructure. The latest expansion further solidifies Brigade Group’s position as a key player in Kerala’s real estate and commercial development sector, with a focus on sustainable urban growth and premium infrastructure development.

As the company moves forward with its planned investments, Brigade Group aims to play a pivotal role in transforming Kerala’s commercial real estate market, enhancing its IT office space infrastructure, and elevating its luxury tourism offerings. With the support of the Kerala government and strategic business partnerships, Brigade Group’s expansion promises to contribute significantly to the state’s long-term economic and urban development.