ET Graphics: GCCs drive India’s office leasing boom in 2024, Bengaluru leads the surge

The Indian commercial real estate sector witnessed a significant surge in office leasing activity by Global Capability Centres (GCCs) in 2024.

These centers played a crucial role in driving demand for office spaces, accounting for a substantial share of total leasing. Bengaluru emerged as the dominant hub, followed by Hyderabad and Chennai, reinforcing their status as key destinations for corporate expansion.

This trend highlights the growing influence of GCCs in shaping India’s office space dynamics.

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