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GCCs India

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Office real estate

India Commands APAC Office Leasing in 2024, Captures Record 47% Share

India has taken the top spot in Asia-Pacific office leasing, commanding 47% of total volumes in 2024. Knight Frank’s latest report highlights India’s growing appeal as a stable, scalable, and strategic real estate hub for global companies amid evolving trade dynamics.
India Defies Global Office Rental Slump, Posts Record Growth in Leasing

India Defies Global Office Rental Slump, Posts Record Growth in Leasing

Despite a global slump in office rentals, India’s commercial real estate market recorded historic growth in 2024, with 70.7 million sq ft leased—its highest ever. Cities like Bengaluru, Hyderabad, and Pune posted double-digit rental growth, driven by robust demand from IT and Global Capability Centers (GCCs), positioning India as a standout performer in the global office space landscape.