GCCs Drive India Office Leasing Surge, Bengaluru Leads Demand

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Global Capability Centres (GCCs) have significantly boosted office space leasing activity across major Indian cities. Bengaluru, Pune, Delhi NCR, and Mumbai have emerged as the primary hubs driving this demand. These cities collectively account for a substantial share of total office space absorption nationwide. The strong uptake has led to a consistent decline in office vacancy rates across these markets. Analysts view this trend as a reflection of growing confidence in India's long-term economic growth potential.

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