GCCs to Drive 40% of Demand for Grade A Office Space in India
Colliers report projects that Global Capability Centers (GCCs) will drive almost 40% of the demand for Grade A office space in India in the coming years. The report highlights the increasing role of GCCs, engineering, and BFSI sectors in the office space market, with major cities like Bengaluru, Hyderabad, Chennai, and Pune showing significant growth. ESG considerations are also shaping demand, with a substantial portion of office space expected to be green-certified.
