Real Estate Pune
Walmart Expands Footprint in Chennai with Major Office Lease
Walmart, a global retail giant, continues its significant expansion in India by leasing a large office space in Chennai. This move follows the company's successful operations in Bengaluru, Hyderabad, and Pune, further solidifying its commitment to the Indian market.
Real Estate Pune
Flexible Office Spaces and GCCs Boost Commercial Real Estate in Pune
Pune's commercial real estate market is witnessing a significant surge, driven by the rise of flexible office spaces and Global Capability Centres (GCCs). The leasing area has jumped from 3 lakh sq ft in the first quarter of 2022 to 11 lakh sq ft in the same period of 2023.
Real Estate
Global Capability Centres to Drive 40% of Office Space Absorption by 2025
A recent report by CBRE, a leading real estate consultancy, predicts that Global Capability Centres (GCCs) will account for approximately 40% of office space absorption in India by 2025. The technology sector is expected to be the primary driver of this demand.
Real Estate
Citigroup Secures 7.7-Lakh-Sq-Ft Office Space in Pune's Kharadi
Citigroup has leased 7.7 lakh square feet of office space in Pune's Kharadi, marking a significant move in India's real estate market. This long-term lease highlights the growing demand for global capability centres in India.
Real Estate
Indian Office REITs Surpass Property Sector and Markets in 2025: Jefferies
The demand for real estate investment trusts (REITs) in India has surged, driven by robust hiring by Global Capability Centres and other factors, outperforming both the property sector and broader markets in 2025.
Real Estate Pune
Boosting Real Estate Demand in Emerging Cities: A Framework for Global Capability Centres
Given India's rising economic influence, this move is expected to fuel office space demand in major metros like Bengaluru, Mumbai, Hyderabad, and Pune.