Airbnb Expands with 46,000 sq ft Lease in DLF Cyber City for GCC
Airbnb has leased 46,437 square feet of office space for its Global Capability Centre (GCC) at Gurugram’s DLF Cyber City. The lease agreement is for a period of five years, with a starting monthly rent of around ₹61.53 lakh. According to transaction documents accessed by Propstack, the lease commenced on October 1, 2025, at a rental rate of ₹132.5 per square foot per month.
The lease documents indicate that Airbnb has taken up space in DLF Cyber City’s Building No. 5 (Tower A), after paying a security deposit of ₹5.54 crore. The agreement includes a 5 per cent escalation clause. This move comes after Airbnb CEO Brian Chesky recently told PTI that the company will continue to invest in India, one of the fastest-growing global markets driven by a rising middle class and travel-hungry Gen Z.
In line with its long-term vision for the Indian market, Airbnb has continued to make significant investments in the region to cater to a growing base of domestic travellers. The expansion at DLF Cyber City reflects the strong momentum in India’s commercial real estate market. Raja Seetharaman, co-founder of Propstack, commented, “Airbnb’s expansion at DLF Cyber City reflects the incredible momentum we are witnessing in India’s commercial real estate market. GCCs have moved beyond simple back offices to become the primary engine driving premium institutional leasing.”
Seetharaman added that tech leaders committing to long-term, high-value leases at over ₹130 per square foot prove that the appetite for top-tier Grade A infrastructure remains incredibly robust. GCCs led office leasing in India during the January-March 2026 period, contributing 9.1 million square feet (msf), or 44 per cent of the overall 20.7 msf absorbed during the period.
According to a recent report by real estate consultancy firm CBRE, GCC demand has remained high in regions such as Delhi-NCR, Mumbai, and Bengaluru, driven by Fortune 500 companies. This trend highlights the strategic importance of these cities in the global business landscape and the ongoing commitment of international companies to India’s economic growth.
