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India’s GCC Industry Hits $98.4 Billion Revenue as Flexible Workspace Demand Accelerates 0
- Industry News
- August 25, 2026
India’s GCC industry generated an estimated $98.4 billion in FY26. As GCCs take on more AI, R&D and complex work, demand for scalable offices is rising. They accounted for 44% of Q1 2026 office leasing, while 67% plan to expand their flexible workspace footprint.
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CIBC Leases 1.21 Lakh Sq Ft in Hyderabad for GCC as BFSI Office Demand Accelerates 0
- Industry News
- August 24, 2026
Canadian banking major CIBC has leased 120,708 sq ft at Hyderabad’s Meenakshi Eco Park for its GCC, committing ₹180 crore over five years. The deal highlights strong BFSI GCC expansion in Hyderabad and growing preference for managed office solutions. The city is also witnessing rapid growth in large-format office transactions.
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Hybrid Work Reshapes India’s Office Market as AI Changes Hiring and Space Demand 0
- Industry News
- August 24, 2026
Hybrid work and AI are reshaping India’s office market, with global attendance still 30% below pre-pandemic levels. Slower entry-level IT hiring, rising demand for flexibility, and migration toward Tier-2 cities are challenging traditional office models. Companies are now rethinking workplace strategies, talent retention, and long-term commercial real estate demand.
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Amitabh Bachchan Leases Andheri Office Space to TruNativ for ₹33 Lakh a Month 0
- Industry News
- August 24, 2026
Amitabh Bachchan has leased three commercial floors in Mumbai’s Andheri West to nutrition brand TruNativ for ₹33 lakh a month. The five-year deal covers 8,428 sq ft and is worth nearly ₹22 crore. The transaction highlights demand for premium office assets while adding to Bachchan’s growing commercial real estate portfolio.
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India’s Office Market Faces Premium Space Crunch as 40% of Occupiers Fear Quality Shortage 0
- Industry News
- August 24, 2026
India’s office market is seeing a strong shift toward premium and tech-enabled workspaces. A CBRE survey shows that 40% of occupiers are concerned about the availability of quality office space through 2028. With GCCs driving leasing, demand is favouring Grade-A assets, while older properties could face rising vacancies and competitive pressure.
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Gujarat’s Next Office Growth Cycle Hinges on GCCs, GIFT City and Occupier-Ready Assets 0
- Industry News
- August 24, 2026
Gujarat’s commercial real estate market is entering a new growth phase, driven by GCC expansion, GIFT City and improving infrastructure. Industry leaders say future demand will depend on Grade-A offices, larger floorplates, access to talent, transit, hospitality, and social infrastructure, allowing Ahmedabad and Tier-II cities to attract global occupiers.
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