The companies are already working together on several substantial projects including a healthcare project in Kolkata, five commercial office schemes under a construction management arrangement plus a five-tower residential project in Bangalore.
Tata Projects managing director Vinayak Deshpande said: “We are delighted to work with Brookfield Multiplex and deliver property developments using world class construction practices. The partnership enables us to pioneer new initiatives that will accelerate India’s growth.”
Brookfield Multiplex managing director, India, Glenn Raphael said: “Brookfield Multiplex is excited to form a strategic partnership with Tata Projects, the two companies share many synergies for a positive long term partnership. We are committed to introducing world-class sustainable working practices to the Indian building construction market.”