Brigade Enterprises to Develop World Trade Center in Kerala

Brigade Enterprises Limited has entered into a Memorandum of Understanding (MoU) with Technopark to establish a World Trade Center (WTC) and a business hotel in Thiruvananthapuram, Kerala. This will span 1.5 million square feet, consisting of multiple towers. 

The aim is to attract IT multinational companies with Grade A office spaces and create over 10,000 direct and indirect jobs. The investment for this project is approximately ₹1,500 crores.

Details of the Partnership

The MoU for the project was signed by Hrishikesh Nair, COO of Brigade Enterprises, and Sanjeev Nair, CEO of Technopark. The official handover to Kerala Chief Minister Pinarayi Vijayan involved the Brigade’s Executive Chairman, M. R. Jaishankar, alongside other state officials.

As of 12:54 PM IST on January 14, Brigade Enterprises Limited’s stock stands at ₹1,081.65, up 1.75% today, with an 11.32% gain over the past year but a 14.14% drop in the last six months.

Expanding Presence in Kerala

This is the Brigade’s second WTC project in Kerala after Kochi. The Thiruvananthapuram WTC will offer office spaces and include a business hotel designed to host meetings, events, and conferences. According to the company, this development is set to become a landmark for the city.

Brigade’s Ongoing Projects

The company has been busy with multiple projects across South India:

• January 2025: Signed an agreement for a residential project on Whitefield-Hoskote Road, Bengaluru, with a development value of ₹2,700 crore.
• August 2024: Announced a ₹75 -crore commercial space on Old Airport Road, Bengaluru, offering 1.4 million square feet of leasable area.
• June 2024: Launched Brigade Insignia, a residential project in Yelahanka, Bengaluru, worth ₹1,100 crore.

What It Means for Technopark

Technopark CEO Sanjeev Nair noted that adding more Grade A office spaces to the park would make Thiruvananthapuram a destination for IT and ITES companies. The WTC project is expected to complement the existing IT infrastructure in the region.

With its projects spread across Bengaluru, Chennai, Hyderabad, and Kerala, Brigade Enterprises is expanding its presence in South India’s real estate market.

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