Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
Global Capability Centers (GCCs) are driving India’s office market boom, accounting for 36% of leasing since 2022. Concentrated in Bengaluru, Hyderabad, and Chennai, demand is led by tech and flexible workspace providers. Sustainability is also rising, with most leasing happening in green buildings—signaling a shift toward agile, eco-conscious workspaces.
READ MOREDelhi-NCR’s office space market is experiencing significant growth, driven by the expansion of multinational corporations (MNCs) and Global Capability Centers (GCCs). Key commercial hubs like Gurugram, Noida, and Faridabad are seeing increased leasing activity and are focusing on flexible, tech-enabled, and sustainable workspaces to meet evolving business needs.
READ MOREGlobal Capability Centres (GCCs) are transforming India’s commercial real estate and business landscape. Driven by policy support, strong tech infrastructure, and abundant talent, GCCs are expanding beyond metros into Tier-II cities. They now serve as strategic hubs for innovation, efficiency, and global impact for multinational corporations.
READ MOREGlobal Capability Centres (GCCs) are revolutionising business operations by embracing flexible workspaces and offering cost-efficient and scalable solutions. India’s expanding GCC ecosystem, driven by diverse sectors, is at the forefront of digital transformation and innovation. This shift toward flexible workspaces boosts organisational agility, encourages collaboration, and redefines global business strategies.
READ MOREGlobal Capability Centers (GCCs) have driven a record surge in commercial real estate leasing by India’s BFSI sector, reaching 31 million sq. ft. from 2022-2024. Global firms accounted for 59% of the leasing, with strong domestic demand in Mumbai. India’s talent and digital growth fuel this expansion.
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