New Delhi, June 11 (IANS) India is strengthening its position as a leading global talent hub for financial services, with Mumbai, Delhi NCR and Bengaluru ranking among the world’s top 30 financial services markets, according to a report released on Thursday.A report by real estate consultancy Colliers India said Indian cities are favourably placed in terms of labour availability, talent pipeline, venture capital funding activity and industry output.Financial services firms are increasingly reass…
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New Delhi, May 26 (IANS) India’s artificial intelligence (AI) market is expected to surge more than 50-fold from over $9 billion currently to upwards of $500 billion in the coming decades, positioning the country as a major driver of office demand and workplace transformation in the Asia Pacific region, according to a report released on Tuesday.The report by Colliers India highlighted that AI-enabled workforces, demographic shifts, energy security, climate risks and changing global economic dy…
Mumbai, Feb 19 (IANS) Global Capability Centres (GCCs) could account for up to 50 per cent of India’s office space demand across the top seven markets as US firms continue to dominate leasing activity, a report said on Thursday. The report from Colliers India said US firms have accounted for close to 70 per cent of GCC leasing activity in India since 2020, followed by EU and UK companies at an 8–10 per cent share each.The annual Grade A office uptake by GCCs could reach 35–40 million sq ft…
New Delhi, Dec 24 (IANS) India’s Grade A office leasing across the top seven cities reached 71.5 million sq ft in 2025, marking a 6 per cent year-on-year growth, a report said on Wednesday.The report from Colliers said the robust leasing was driven by strong occupier demand, strong economic growth, expanding Global Capability Centers and a preference for high‑quality assets.Bengaluru led the office market with 22.1 million sq ft of leasing, nearly one‑third of pan‑India demand, while Del…