Real Estate
India's Commercial Real Estate: A Goldmine for Startups and GCCs
As the startup ecosystem and Global Capability Centers (GCCs) continue to thrive, commercial real estate in India is witnessing unprecedented growth. CMD of Awfis Space Solutions, Amit Ramani, shares insights on the future of co-working spaces and the commercial real estate market.
Real Estate
NCR Experiences 61% Surge in Office Absorption Despite 22% Drop in Net Supply in 2024
The National Capital Region (NCR) saw a significant 61% increase in office absorption in 2024, primarily fueled by the robust demand from Global Capability Centers (GCCs) and the technology sector, despite a 22% decline in net supply.
Real Estate
Office Space Leasing Poised to Hit 85 Million Sq Ft in 2024: Cushman & Wakefield
Cushman & Wakefield's latest report predicts a 14% rise in gross office space leasing, setting a new record of 85 million square feet in 2024. The Global Capability Centers (GCCs) are expected to play a significant role, contributing nearly 30% to this gr
Real Estate Pune
India's Real Estate Sector Thrives in 2024: Record Leases and Strong Sales
Global Capability Centers (GCCs) have been a significant driver, accounting for 38% of leasing activity, with Bengaluru leading the way at 49%, followed by Hyderabad and Pune.
Real Estate
Chennai's Office Space Soars 75-Fold in 25 Years: A Transformative Journey
In the past 25 years, Chennai has experienced a major real estate transformation, particularly in the office space sector, as highlighted by JLL's latest report.
Real Estate Mumbai
India's GCC Boom: Bengaluru, Hyderabad, and Chennai Lead the Charge
The Global Capability Centers (GCCs) in India have witnessed significant growth, driven by a skilled workforce, cost efficiency, and a conducive business climate. Bengaluru, Hyderabad, and Chennai have emerged as the top destinations for GCCs, with Bengal