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GCC India

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India’s office vacancy has fallen to 13.85%, the lowest since 2020, driven by strong demand and limited supply. With rents rising and premium spaces tightening, the market is shifting in favour of landlords.

Office Vacancy Falls to 13.85%, Lowest Since 2020: Demand Surges While Supply Shrinks

India’s office vacancy has fallen to 13.85%, the lowest since 2020, driven by strong demand and limited supply. With rents rising and premium spaces tightening, the market is shifting in favour of landlords.
Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.

Flex Stock in Tier-2 Cities Hits ~9 Mn Sq Ft, Accounts for 9% of India’s Total

Tier-2 cities now account for 9% of India’s flex office stock at nearly 9 Mn sq ft, as companies and GCCs expand into cost-efficient, high-growth urban markets, according to Vestian.
Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.

GCC Boom Set to Power India’s Office Market: Global Firms May Drive Up to 50% Demand Surge

Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.
India to have 2,400+ GCCs and 2.8 million jobs by 2030 — GCC market to hit USD 105–110 billion; Bengaluru dominates, Tier-2 cities emerge as new frontiers; 2025 saw record 80.5 Mn sq. ft. office leasing with GCCs driving 40%+ share — FICCI-ANAROCK report.

India’s GCC Boom: 2,400 Centres, 2.8 Million Jobs by 2030

India to have 2,400+ GCCs and 2.8 million jobs by 2030 — GCC market to hit USD 105–110 billion; Bengaluru dominates, Tier-2 cities emerge as new frontiers; 2025 saw record 80.5 Mn sq. ft. office leasing with GCCs driving 40%+ share — FICCI-ANAROCK report.
Global Capability Centres are set to become the biggest force in India’s office market, potentially accounting for half of total demand as multinational firms expand operations amid trade agreements and strong economic growth.

Why Global Companies Are Choosing Green Offices in India’s Flex Workspaces

Nearly 60% of Global Capability Centers operating from flex offices in India now work out of green-certified, Grade-A buildings, highlighting how global firms are reshaping India’s flexible workspace market.