Brookfield acquires 51% stake in Bharti's 4 commercial properties
Real Estate

Brookfield acquires 51% stake in Bharti's 4 commercial properties

Bharti Enterprises and Brookfield Asset Management have formed a joint venture for a 3.3 million square foot portfolio of commercial properties in the Delhi-NCR region and Punjab for Rs 50 billion.

With this agreement, a Brookfield-controlled real estate fund will now own 51 percent of the joint venture, while Bharti Enterprises will keep the remaining 49 percent. The buildings cover 3.3 million square feet and include Worldmark Aerocity in Delhi, Airtel Centre and Worldmark 65 in Gurugram, and Pavillion Mall in the Punjab city of Ludhiana.

“This transaction with Brookfield for our marquee properties in North India is a significant milestone for us to partner with a global infrastructure investor with deep and rich experience and insights into real estate,” said Harjeet Kohli, Joint Managing Director, Bharti Enterprises, said.

Bharti Realty, the real estate subsidiary of Bharti Enterprises, has constructed nearly 5 million square feet of grade-A varied commercial real estate, including commercial, retail, and leisure properties. The company is constructing more than 10 million square feet of retail and mixed-use real estate space in Delhi NCR.

Following the completion of this transaction, the company will retain ownership and operation of its remaining commercial properties, including a 10 million square foot development in Delhi Aerocity.

Kohli went on to say that Bharti will continue to develop real estate assets to meet India's growing demand for well-managed commercial real estate.

“High quality real estate in global gateway markets and in particular, the Indian office market, continue to witness high demand from occupiers. We look forward to leveraging our global expertise to build future ready office environments in India,” said Ankur Gupta, Managing Partner, Head of Real Estate, APAC region and Country Head - India, Brookfield.

Brookfield, a multinational investment business established in Canada, owns and operates more than 50 million square feet of commercial real estate in the markets of Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad, and Kolkata.

See also:
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
NIIF, I Squared, Brookfield in talks to buy CleanMax


Bharti Enterprises and Brookfield Asset Management have formed a joint venture for a 3.3 million square foot portfolio of commercial properties in the Delhi-NCR region and Punjab for Rs 50 billion. With this agreement, a Brookfield-controlled real estate fund will now own 51 percent of the joint venture, while Bharti Enterprises will keep the remaining 49 percent. The buildings cover 3.3 million square feet and include Worldmark Aerocity in Delhi, Airtel Centre and Worldmark 65 in Gurugram, and Pavillion Mall in the Punjab city of Ludhiana. “This transaction with Brookfield for our marquee properties in North India is a significant milestone for us to partner with a global infrastructure investor with deep and rich experience and insights into real estate,” said Harjeet Kohli, Joint Managing Director, Bharti Enterprises, said. Bharti Realty, the real estate subsidiary of Bharti Enterprises, has constructed nearly 5 million square feet of grade-A varied commercial real estate, including commercial, retail, and leisure properties. The company is constructing more than 10 million square feet of retail and mixed-use real estate space in Delhi NCR. Following the completion of this transaction, the company will retain ownership and operation of its remaining commercial properties, including a 10 million square foot development in Delhi Aerocity. Kohli went on to say that Bharti will continue to develop real estate assets to meet India's growing demand for well-managed commercial real estate. “High quality real estate in global gateway markets and in particular, the Indian office market, continue to witness high demand from occupiers. We look forward to leveraging our global expertise to build future ready office environments in India,” said Ankur Gupta, Managing Partner, Head of Real Estate, APAC region and Country Head - India, Brookfield. Brookfield, a multinational investment business established in Canada, owns and operates more than 50 million square feet of commercial real estate in the markets of Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Hyderabad, and Kolkata. See also: Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio NIIF, I Squared, Brookfield in talks to buy CleanMax

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?