Browsing Tag

Global Capability Centres

17 posts
Awfis

eBay Sets Up Bengaluru Innovation Hub with Awfis: What It Means for City, Jobs & Real Estate

eBay has opened a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru with Awfis. Beyond tech growth, this move boosts jobs, housing demand, and real estate prospects in North Bengaluru.
Awfis

Awfis Partners with Zinnov to Power the Future of GCCs in India

Awfis partners with consulting firm Zinnov for the 18th edition of Zinnov Confluence 2025, reaffirming its commitment to empowering Global Capability Centres (GCCs) in India with agile, premium workspaces tailored for global enterprises.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

India’s Office Market Set for Record 90+ Million Square Feet Leasing in 2025

India’s office leasing market is on track to cross a record 90 million sq ft in 2025, with strong demand from tech firms, GCCs, and flex operators driving growth across major cities.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

Southern Cities Lead GCC Office Leasing with 64% Share in Q1 2025

India’s Global Capability Centres (GCCs) leased 8.35 Mn sq. ft. of office space in Q1 2025, with Bengaluru, Chennai, and Hyderabad capturing a 64% share, according to ANAROCK. The sector saw a 72% YoY jump, driven by IT, BFSI, and manufacturing growth.
India’s flex workspace stock across the top seven cities is expected to cross 100 million sq ft by 2027, with penetration rising to 10.5%, driven by strong enterprise demand, GCC expansion, and rapid growth in Bengaluru, Pune, and Chennai.

India Office Market Sees 7 Straight Quarters of Vacancy Decline

India’s commercial real estate sector continues to gain momentum with vacancy rates falling to a four-year low of 15.7% in Q1 2025. Despite lower new supply, strong leasing activity, especially from GCCs and IT-BPM sectors, kept demand high. Cities like Mumbai, Pune, and Bengaluru led the market, while rising rentals highlight growing competition for premium office spaces.