Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Coworking office space leasing in India dropped 43% in Q1 2025, while overall office leasing rose 5%, driven by growing demand from Global Capability Centers (GCCs). According to CBRE, GCCs are emerging as key occupiers, shifting market focus from flexible workspaces to long-term, strategic corporate setups.
READ MOREEmbassy Group has launched Embark, India’s first fully integrated platform to simplify and accelerate the setup of Global Capability Centers (GCCs). Embark offers end-to-end support—including co-working and managed office solutions—and helps global companies establish and scale operations in India with ease, efficiency, and long-term strategic value.
READ MOREForeign companies drove 62% of India’s office space leasing in Q1 2025, renting 111.6 lakh sq ft across nine major cities, says CBRE. Total leasing rose 5% year-on-year, led by demand from Global Capability Centres and a growing focus on sustainable, employee-centric workspaces.
READ MOREChennai’s real estate market grew strongly in Q1 2025, with 4,357 home sales and a 56% surge in office space transactions. Rising prices, increased new launches, and demand from GCCs and flex space operators reflect robust market sentiment and continued investor confidence across asset classes.
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