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.