New Delhi, March 18 (IANS) Around 65–68 per cent of the projected office supply in India during 2026–27 is expected to come up within integrated technology parks, a report showed on Wednesday.A report by CBRE said this suggested a rise from 54–58 per cent in 2024–25. India’s total office stock is also projected to cross the 1 billion sq ft mark this year.The report also noted that 2025 was the strongest year for the office market in terms of both leasing and supply.“Annual gross abso…
Latest GCCs News & Updates
New Delhi, Feb 23 (IANS) India’s GCC office market transition from cost‑cutting centres or back offices to global growth engines marks a watershed moment in the country’s economic history, a report said on Monday.The report from The Hindu said nearly 58 per cent of Global Capability Centres (GCCs) in India are investing heavily in Agentic AI, that can reason and execute complex tasks moving beyond experimentation to enterprise‑scale deployment.Indian GCCs now act as Centres of Excellence f…
New Delhi, Feb 23 (IANS) India alone will contribute to about 40 per cent of Grade‑A office supply in Asia Pacific (APAC) in 2026, a report said on Monday.The Grade-A office supply in APAC region is expected to reach a record 61.3 million sq. ft. in 2026, up 10.8 per cent from 55.3 million sq. ft. in 2025, the report from CBRE South Asia Pvt. Ltd said.India and mainland China together will contribute more than 75 per cent of the total supply, it added.Bengaluru, Delhi-NCR, and Mumbai rank amon…
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…
Mumbai, Jan 28 (IANS) Global institutional investors are set to deploy $144 billion into commercial real estate in 2026, marking a clear rebound in investment activity, and India is emerging as an increasingly relevant destination for global capital seeking scale, income visibility and long-term growth, a report showed on Wednesday.Knight Frank’s latest ‘Active Capital Survey’ revealed that 87 per cent of investors (by AUM) intend to increase direct commercial real estate investment in 202…
New Delhi, Jan 24 (IANS) India’s office market is set to outperform the Asia‑Pacific region in 2026, with prime office rents forecast to grow 7-10 per cent, a report has said.The report from real estate services firm Knight Frank stated that India has emerged as the region’s growth engine, showing early signs of stabilisation after two years of rental declines.The growth is supported by strong leasing momentum, the expansion of Global Capability Centres (GCC), and rising demand for high-qu…
Mumbai, Jan 13 (IANS) The year 2025 established yet another new record for the India’s office market with 83.3 million square feet of gross leasing volumes for the full year, according to a report released on Tuesday.With global firms accounting for a robust 58.4 per cent share, India’s position as a strategic business hub offering genuine structural tailwinds was reaffirmed during a period marked by global uncertainties, said the JLL report.The cities of Bengaluru, Hyderabad, Pune, and Mumbai r…
New Delhi, Jan 10 (IANS) India’s Real Estate Investment Trust (REIT) market is poised for significant growth due to under penetration as REITs currently cover only 19 per cent of the country’s listed real estate value, a report said on Saturday.The report from real estate services firm Vestian said market capitalisation is projected to almost double from $18 billion in 2025 to $25 billion by 2030, while REIT‑able office assets to double from Rs 8.2 trillion in 2025 to Rs 16 trillion.The gl…
New Delhi, Jan 9 (IANS) Delhi-National Capital Region (NCR) recorded its second‑highest annual gross office leasing in 2025, while its average home prices climbed 19 per cent (on-year), a report said on Friday.Knight Frank India said in the report that Mumbai continued to show resilience, remaining largest player in housing market and posting second‑strongest year for office leasing in over a decade.On the residential front, Delhi-NCR entered a phase of measured normalisation, the report sai…
New Delhi, Jan 9 (IANS) India’s office market touched record high in 2025, with annual gross leasing surging to 86.4 million sq ft, up 20 per cent (year-on-year) and 43 per cent above the pre‑pandemic 2019 peak, a report said on Friday.Real estate services firm Knight Frank India said that on the residential front, sales across eight major cities held broadly steady at 3,48,204 units in 2025, easing 1 per cent YoY.In the same period, new launches were recorded at 362,184 units across the top…