Browsing Tag
office leasing trends
9 posts
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.
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.
Mumbai Emerges as India’s BFSI GCC Powerhouse Amid Record Leasing Surge
Mumbai has emerged as India’s top hub for BFSI Global Capability Centers (GCCs), capitalizing on its financial legacy and robust office infrastructure. According to JLL, the city leads GCC leasing in the banking and finance segment, with core corridors like BKC, Powai, and Airoli driving demand from global financial firms and fintech innovators.