105 million sq ft and counting: GCCs drive 37% of India's office leasing since 2022

Global capability centres are significantly reshaping India's office market. Foreign companies leased nearly 105 million sq ft of premium office space since 2022. This leasing activity represents a substantial portion of overall office transactions nationwide. India's appeal as a destination for these centres continues to grow. Future demand for office space is expected to remain strong due to GCC expansion.