GCCs Power India’s Office Market to an All-Time High in 2025 Despite Global Headwinds

Global Capability Centres powered India’s office market to a historic high in 2025, accounting for 45% of total leasing activity. With record absorption, falling vacancy rates, and rising demand across major cities, GCCs are set to dominate office growth well into 2026.

Hiring Wave Ahead: Office Space Demand Soars

India’s office market is booming again. With 40% growth in office space leasing in H1 2025, companies are preparing for a mass hiring wave. Bengaluru and Pune lead the race, while Mumbai and NCR also show strong activity. This office boom is set to create lakhs of new jobs across India.