Real Estate
GCCs Drive Real Estate Growth in Tier 2 and 3 Cities
The rise of Global Capability Centers (GCCs) and IT parks in Tier 2 and 3 cities is boosting both residential and commercial real estate demand, creating a ripple effect in the market.
real estate news
GCCs Drive Real Estate Boom in Tier 2 and 3 Cities
The establishment of Global Capability Centers (GCCs) and IT parks in Tier 2 and 3 cities is fueling a significant growth in both residential and commercial real estate demand. Developers and consultancy firms are optimistic about the future, with over 200 GCCs already creating demand worth ₹30,000 crore in these regions.
Real Estate
India's Office Leasing Surges 40% in H1 2025, Bengaluru Leads with Tech and Corporate Demand
India's office leasing market has seen a significant 40% increase in the first half of 2025, with Bengaluru leading the way with 6.55 million square feet leased. The growth is driven by IT, GCCs, and flexible workspaces, reflecting strong corporate confidence in commercial real estate.
Real Estate
The Power Trio: Bengaluru, Hyderabad, and Pune Lead India's GCC Ecosystem
Explore how Bengaluru, Hyderabad, and Pune have become the epicenter of India's Global Capability Centres (GCCs), driving innovation and reshaping commercial real estate.
Real Estate Pune
The Dominance of Bengaluru, Hyderabad, and Pune in India’s GCC Ecosystem
Bengaluru, Hyderabad, and Pune have emerged as the leading cities in India's GCC landscape, collectively accounting for 65% of the country's GCCs. This article explores how these cities are reshaping commercial real estate and driving global innovation.
Real Estate Pune
Real Estate Market Surges as Formalisation Boosts Demand
In CY25, the real estate market continues to see a significant capital shift, driven by formalisation and expansion of Global Capability Centres (GCCs) in major cities like Bangalore, Delhi NCR, and Pune.
Real Estate
TCS Layoffs: Minimal Impact on Real Estate Sector, Say Experts
India’s real estate sector is expected to remain stable despite TCS's plan to lay off 12,000 employees over the next few quarters. Experts believe the impact will be limited unless layoffs become widespread across the IT industry.
real estate news
Will TCS Layoffs Impact Real Estate Sales in Tech-Hub Cities?
Vijay Agarwal of Equirus Capital discusses the potential impact of TCS layoffs on the real estate market in cities like Bengaluru and Hyderabad, and how Global Capability Centres (GCCs) could offset these effects.
Real Estate
India's Office REITs Soar, Outpacing BSE Realty Index with 15% Returns
India's office Real Estate Investment Trusts (REITs) have made a significant comeback, outperforming the BSE Realty Index with a 15% capital appreciation over the past 12 months, driven by robust demand from global capability centres (GCCs) and other sectors.
real estate news
GCCs Drive 24% Surge in Office Space Leasing Across Major Indian Cities
The leasing of office spaces for Global Capability Centres (GCCs) has seen a significant 24% year-over-year increase, reaching 31.8 million square feet in FY25. Key drivers include cost optimization, a skilled talent pool, and supportive government policies.
real estate news
GCCs Lead Office Market with 42% Absorption in FY25, Fortune 500 Companies Dominate
According to data from real estate consultancy Vestian, Global Capability Centres (GCCs) accounted for 42% of office space absorption in FY25, with Fortune 500 companies leading the charge.
Real Estate
Bengaluru Leads as GCC Office Leasing Surges 24% in FY25
Leasing of office space for Global Capability Centres (GCCs) increased by 24% in FY25, with Bengaluru accounting for 65% of the total office absorption, according to a report by real estate consultancy Vestian.
Real Estate
Global Capacity Centres Drive Premium Office Space Growth in India
Global Capacity Centres (GCCs) are driving the premiumisation of India's office real estate market, with a strong demand for Grade-A, ESG-compliant buildings equipped with advanced technology.
Real Estate
GCCs Transforming the Real Estate Landscape in Bengaluru
Commercial real estate developers in Bengaluru are embracing the 'GCC-as-a-service' model to cater to the growing demand from global capability centers (GCCs). This shift is revolutionizing the way businesses operate in the region.
Real Estate Mumbai
GCCs Drive BFSI Sector’s Unprecedented Commercial Real Estate Leasing in India
Mumbai, March 24 (VOICE) - In a significant shift, the year 2024 witnessed a remarkable surge in commercial real estate leasing within the banking, financial services, and insurance (BFSI) sector, primarily driven by global capability centres (GCCs). This
Real Estate Mumbai
GCCs Drive Record Real Estate Leasing in India's BFSI Sector
Mumbai: The year 2024 has been a landmark for the banking, financial services, and insurance (BFSI) sector in India, with global capability centres (GCCs) leading the charge in commercial real estate leasing over the past three years.
real estate news
Global Capability Centres Drive Office Space Absorption in India’s Resilient Real Estate Market
A recent report by Knight Frank India reveals that Global Capability Centres (GCCs) have leased a significant amount of office space in India, driving the real estate market's resilience amidst global challenges.
Real Estate
GCCs Lead the Charge: Commercial Real Estate Leasing Surges Above Pre-Pandemic Levels
In a significant turnaround, Global Capability Centers (GCCs) have leased or committed to take approximately 27.7 million square feet of Grade-A commercial real estate in 2024, surpassing pre-pandemic levels and signaling a robust recovery in the market.
Real Estate Maharashtra
Delhi-NCR Leading the Way in GCC Office Leasing: Anarock
Delhi-NCR has emerged as a preferred destination for Global Capabilities Centres (GCCs) with 5.09 million sq ft of office spaces leased over the past two years. The growth is attributed to improved infrastructure, competitive rentals, and government initi
Real Estate Pune
MNCs Leasing Over 51 Lakh Sq Ft for GCCs in Delhi-NCR: A Real Estate Boom
Multinational corporations (MNCs) have leased nearly 51 lakh square feet of office space in the last two years to set up Global Capability Centers (GCCs) in the Delhi-NCR region. This surge in demand for office space underscores the region's growing impor