India’s Office Property Market Hits Record High, Driven by GCCs

Sandip Raj Gupta

04/Apr/2025

GCCs drive record-high office property demand in India.
Bengaluru, Hyderabad, Pune lead commercial real estate growth.
Multinational firms expand back-end & innovation hubs in India.

GCCs Propel India’s Office Market to Record Highs in March Quarter

India’s office property market reached a new peak in Q1 2025, driven by Global Capability Centres (GCCs) expanding across major cities like Bengaluru, Hyderabad, and Pune. The increased demand for Grade A office spaces highlights India's emergence as a preferred destination for high-value corporate operations and outsourcing hubs.

Key Drivers of the Growth

GCCs dominate leasing activity, securing the majority of new transactions.
Multinational firms expand back-end & innovation functions in India.
Favorable policies and a skilled workforce enhance India’s attractiveness for global companies.

Commercial Real Estate Boom in India

The sustained momentum in corporate leasing is supported by foreign investments, economic stability, and infrastructure development. As businesses prioritize cost efficiency and operational excellence, India is poised to remain a global leader in corporate services and real estate growth.

The Upcoming IPOs in this week and coming weeks are Aten Papers & Foam.

The Closed IPOs are Infonative Solutions Limited, Spinaroo Commercial Limited,Retaggio Industries Limited.

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India’s Office Property Market Hits Record High, Driven by GCCs

GCCs Propel India’s Office Market to Record Highs in March Quarter

Key Drivers of the Growth

Commercial Real Estate Boom in India

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Disclaimer