Browsing Tag

Global Capability Centres

16 posts
Bengaluru

GCC Policy Impact on Residential Real Estate in Bengaluru

Bengaluru’s residential real estate is experiencing significant growth due to the expansion of Global Capability Centres (GCCs) driven by favorable state policies. As GCCs fuel commercial growth and create high-paying jobs, demand for upscale housing, smart homes, and co-living spaces is on the rise. With infrastructure projects like KWIN city, Bengaluru’s appeal as a prime real estate market continues to grow, making it a key hub for both global businesses and homeowners.
Flex Office spaces

India’s Office Real Estate Market Set to Reach Record 85 Million Sq Ft Leasing in 2024

India’s office real estate market is on track to reach a record 85 million square feet in leasing in 2024, reflecting a strong recovery driven by demand from key sectors such as IT-BPM, BFSI, and Global Capability Centres. The growth signals sustained business confidence and a positive outlook for the commercial real estate sector.
Leasing

Real Estate Demand Soars in India’s BFSI Sector, Projected to Break 2023 Leasing Records in 2024

The BFSI sector in India is experiencing a significant surge in office space demand, projected to surpass its previous leasing record of over 11 million square feet set in 2023. As global players dominate the market and tech hubs like Bengaluru and Mumbai emerge as key locations, the future looks bright for real estate in this rapidly evolving sector.
Smartworks has signed a major ~1.66 lakh sq ft lease with Wolters Kluwer in Pune’s Kalyani Nagar, reinforcing its leadership in managed office campuses and accelerating enterprise-driven growth across India.

Urban Vault Expands Office Space in Bengaluru’s CBD to Meet Rising Demand

Urban Vault has expanded its presence in Bengaluru’s CBD by leasing 1.2 lakh square feet of office space to meet growing corporate demand for managed workspaces. The company, which now boasts over 2 million square feet of office space, aims to enhance its offerings to medium and large enterprises.
commercial real estate

Commercial Real Estate: A Driving Force Behind India’s Economic Growth and Job Creation

India’s commercial real estate sector is a key driver of economic growth, creating jobs and supporting business expansion. With rising demand for office spaces and strategic infrastructure advancements, the sector is fueling regional and national economies.