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India’s GCC Sector Leases 37% of Office Space, Driving Future Growth 0

GCCs lease 37% of office space in the top 7 cities, with demand set to grow. Bengaluru leads, followed by opportunities in Tier 2 & 3 cities, fueled by government support. Increased leasing and hiring will drive office space demand to 200-225 million square feet by 2030.

India’s GCC Sector Expands: 24 Centers Cross $1 Billion Revenue 0

India’s Global Capability Center (GCC) sector is expanding rapidly, with 24 centres surpassing $1 billion in export revenue in FY 2023-24. This growth is set to continue, with projections reaching $90 billion by 2028. GCCs are shifting from cost management to driving top-line growth through innovation and AI.

Bengaluru Leads India’s Office Leasing Boom as GCCs Drive Demand 0

Bengaluru leads India’s Global Capability Center (GCC) office leasing, accounting for 46% of total space across major cities. ANAROCK Research reports GCCs leased 52.88 million sq. ft. in two years, with Bengaluru securing 24.18 million sq. ft. Government initiatives may boost expansion into Tier 2 & Tier 3 cities.

Sustainable Offices Dominate India’s CRE: 95% of Rated Assets Now Green-Certified 0
- Industry News
- February 28, 2025
India’s commercial real estate sector is shifting towards certified green buildings as global tenants demand sustainable office spaces. Despite a 3-5% higher upfront cost, green offices offer up to 35% energy savings. With ESG priorities shaping leasing trends and government incentives boosting adoption, sustainable workspaces are the future of CRE.
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Nukleus Office IPO Sees Strong Interest on Day 2, Set for Listing in March 0
- Career Growth
- February 27, 2025
Nukleus Office Solutions Ltd, a co-working solutions provider, has seen a strong response to its Initial Public Offering (IPO) as the issue was subscribed 53% by the second day of bidding, with retail individual investors (RIIs) showing significant interest. The IPO opened on February 24, 2025, and will close on February 27, 2025.
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Office Leasing Demand to Grow 10% in FY26 as NCR Micro-Markets Gain Traction 0
- Industry News
- February 27, 2025
India’s office leasing market is set to grow by 8-10% in FY26, fueled by demand from BFSI, IT/ITES, and GCCs. Delhi-NCR leads the surge, with Noida and Gurugram emerging as prime business hubs: improved infrastructure, flexible office spaces, and investor confidence drive commercial real estate expansion.
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