GCCs account for 37% of India's office leasing with 105 mn sq ft since 2022
Global Capability Centres (GCCs) have emerged as a dominant force in India's commercial real estate sector since 2022. Foreign companies have collectively leased close to 105 million square feet of premium office space across the country during this period. This activity accounts for 37% of total office transactions nationwide, underscoring the scale of GCC-driven demand. India's growing reputation as a preferred destination for global operations continues to attract multinational firms. Analysts expect office space demand to remain robust as GCC expansion shows no signs of slowing down.
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