Real Estate Pune
Pune’s IT Exports Soar to Rs 1.05 Lakh Crore in 5 Years, GCCs Thrive
Pune has emerged as a major IT hub, with IT exports doubling to Rs 1.05 lakh crore in just five years. The city's real estate market is booming, with a significant supply of Grade A office spaces and a surge in Global Capability Centres (GCCs).
Real Estate
GCCs, AI, and Fintech Firms Drive Revenue for Coworking Spaces: Enzyme CEO
Flexible workspace provider Enzyme Offices highlights the significant role of Global Capability Centres (GCCs), Artificial Intelligence, and Fintech firms in driving revenue growth. The company aims to double its revenue in FY26, driven by strong demand from these sectors.
real estate news
REITs Penetration in Indian Office Market Set to Soar to 30% by 2030
India's office Real Estate Investment Trusts (REITs) are on track to expand their market share from 16% to 30% of Grade A office space by 2030, driven by increasing demand from Global Capability Centres (GCCs) and technological firms, according to a Colliers report.
Real Estate
REITs Poised to Capture 30% of India's Grade A Office Space by 2030
India’s listed office Real Estate Investment Trusts (REITs) are projected to expand their coverage from the current 16% to 30% of Grade A office space by 2030, driven by rising demand from Global Capability Centres (GCCs) and technology firms.
real estate news
UP Aims to Become a Leading Hub for Global Capability Centres
Realtors and commercial space providers from Invest UP, along with representatives from CREDAI, discussed the potential of Uttar Pradesh as a premier destination for Global Capability Centres (GCCs). The state offers a robust talent ecosystem, cost-effective infrastructure, and a comprehensive incentive package.
real estate news
India Poised to Become World's Fourth Largest Office Market by 2025
India is on track to become the world's fourth-largest office market, with its total office stock expected to exceed one billion square feet by Q3 2025. This growth is driven by rising institutionalisation, policy support, and India's evolving role in the global economy.
Real Estate
Knowledge Realty Trust: High GCC Demand and IPO Launch
Knowledge Realty Trust (KRT) is set to launch its IPO on August 5, backed by high demand from global capability centres (GCCs) and plans for third-party acquisitions.
Real Estate
India's Commercial Real Estate Poised for Record Leasing Growth by FY26
India's commercial real estate sector is on track for its most robust leasing cycle yet, with net leasing of Grade A office space projected to surpass 50 million sq. ft. by FY26, driven by reduced work-from-home trends and surging demand from global capability centres (GCCs).
real estate news
India's Office Real Estate Market Surges with Robust Leasing in Top Cities
India's office real estate market has shown significant growth, with gross leasing volume reaching 21.4 million square feet in Q2 2025. This trend is driven by strong demand from global and domestic occupiers, including Global Capability Centres (GCCs), IT-BPM firms, and BFSI companies.
real estate news
India's Office Real Estate Sector Surges in H1 2025, Driven by GCCs
India's office real estate market has shown robust growth in the first half of 2025, with gross leasing volumes reaching 42 million square feet. The sector is on track to surpass 90 million square feet of annual leasing activity, driven by Global Capability Centres (GCCs) and other key sectors.
Real Estate Pune
Tier II Cities Emerge as Strategic Hubs for Global Capability Centres: Insights from CBRE's Anshuman Magazine
CBRE's Anshuman Magazine discusses the growing popularity of Tier II cities such as Coimbatore, Jaipur, and Vizag as strategic hubs for global capability centres (GCCs). He highlights the cost advantages, sustainable infrastructure, and government incentives that are driving this trend.
real estate news
Quess Corp Launches Full-Stack GCC Solutions Under Brand ‘Origint’
Quess Corp, a leading staffing solutions firm, has entered the Global Capability Centres (GCC) market with a new brand ‘Origint’, offering comprehensive services including real estate, talent management, and compliance. Mohit Mathur has been appointed as Chief Business Officer.
real estate news
Mumbai Dominates Commercial Rental Market with GCCs Driving Demand
Mumbai's commercial rental rates have surged to Rs 168 per sq ft per month, driven by the growth of Global Capability Centres (GCCs) and the city's strategic locations like Bandra Kurla Complex, Lower Parel, and Andheri East.
Real Estate Mumbai
India's Commercial Real Estate Market Soars: MMR Leads with 28% Rental Growth
Despite global economic challenges, India's commercial real estate market has seen significant growth, with the Mumbai Metropolitan Region (MMR) leading the way with a 28% increase in rental values from 2022 to 2025.
real estate news
Commercial Rentals Surge in Indian Cities Despite Global Uncertainty
Commercial real estate rentals in India's top cities have witnessed a significant rise from 2022 to 2025, driven by strong demand from US firms and GCCs, despite global economic challenges.
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.