New Delhi, March 26 (IANS) India’s office real estate market has begun 2026 on a strong note, with leasing activity touching 18.3 million square feet in the January–March quarter, a report said on Thursday.This marks a 15 per cent increase compared to the same period last year, according to a report by Colliers India.The growth was largely driven by major cities like Bengaluru and Hyderabad, which together accounted for nearly half of the total leasing activity at 8.7 million square feet.Oth…
Latest Global Capability Centers News & Updates
New Delhi, March 24 (IANS) Around 95 per cent of women would consider transitioning into an AI-focused role with the right organisational support, a report said on Tuesday.AI is emerging as the most powerful lever to close the gender gap as India currently produces 43 per cent of the world’s female STEM graduates but they hold only 29 per cent of entry‑level tech roles and 14 per cent of C‑suite seats, the report from ANSR and Talent500 said.The report dismantles the “pipeline myth” by…
Bengaluru, March 17 (IANS) India’s office market is poised to sustain its growth trajectory this year, with Grade A demand projected at 70-75 million square feet and new supply at 60-65 million square feet, a report showed on Tuesday.Global capability centres (GCCs) have evolved from traditional back-offices to innovation-driven, domain specialised, technologically integrated centres and are set to drive 30-35 million sq ft of leasing in 2026, accounting for 40-50 per cent of the Grade A offic…
Bengaluru, March 5 (IANS) As Asia Pacific office demand rose 11 per cent in 2025, India alone accounted for nearly 68 per cent of total leasing and 55 per cent of new supply across the top 11 APAC markets, a report showed on Thursday.Total office leasing across the region’s 11 key office markets reached 9.8 million square metres (105.5 million square feet) in 2025, an 11 per cent year‑on‑year increase, anchored by robust Grade A space uptake across major markets including India, Mainland C…
New Delhi, Feb 24 (IANS) Salaries in India are projected to increase by 9.1 per cent in 2026, a slight uptick from 8.9 per cent growth recorded in 2025, a report said on Tuesday.The report from professional services firm Aon plc said salary growth will vary by industry, with real estate or infrastructure and NBFCs expected to deliver the highest increases at 10.2 per cent and 10.1 per cent respectively.Technology Consulting and Services is estimated to be the industry with slowest salary growth …
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, 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, Dec 29 (IANS) Even while maintaining a stable yet modest growth rate averaging about 6 per cent per annum, India would become a US$26 trillion economy by 2047-48, with a per capita income exceeding $15,000, which is nearly six times the current value, according to an Ernst and Young (EY) report. The report highlights that there are a few key enablers of growth that uniquely strengthen India’s position in the global economy over the next decade and beyond, as it is most likely to ove…
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…
New Delhi, Dec 22 (IANS) About 62 per cent of global capability centre (GCC) bases operating within flex spaces in India are located in green-certified centres, while an even higher 85 per cent function from grade-A buildings, a new report showed on Monday.Across the top seven cities, 42 per cent of flex centres are green-certified, and 69 per cent are located in premium grade-A buildings, said the report by Vestian.According to Vestian Research, India currently hosts over 1,750 GCC companies wi…