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…
Latest Global Capability Centres News & Updates
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…
Mumbai, Jan 7 (IANS) Global Capability Centres (GCCs) anchored the India office market in 2025, accounting for 38 per cent of total annual transactions at 31.8 million square feet, strengthening India’s position amongst global peers as a centre of excellence in research and development and other related businesses, according to a new report on Wednesday.Bengaluru alone captured 47 per cent (15.2 mn sq ft) of GCC leasing activity. Overall annual gross leasing surged to 86.4 million square feet,…
New Delhi, Jan 6 (IANS) India’s office leasing activity reached a record 82.6 million square feet in 2025, up roughly 1 per cent year‑on‑year, a report said on Tuesday.The report from CBRE South Asia Pvt. Ltd. said that technology, flexible workspace operators and BFSI firms together drove around 60 per cent of the total leasing activity during the year.Bengaluru, Mumbai and Delhi‑NCR together accounted for about 61 per cent of overall absorption even as Global Capability Centres (GCCs) re…
New Delhi, Jan 5 (IANS) India’s office real estate sector closed CY25 with its strongest performance on record, registering net absorption of 61.4 million square feet (MSF) across the top eight cities marking a robust 25 per cent year‑on‑year (YoY) increase, a report said on Monday.The report from commercial real estate services firm Cushman & Wakefield said the surge was driven by strong occupier confidence and the market’s ability to deliver scale amid evolving business needs.Benga…
New Delhi, Dec 30 (IANS) India stands at the cusp of a new era powered by Artificial Intelligence (AI), and the government has allocated more than Rs 10,300 crore over the five years for the ‘IndiaAI Mission’ with 38,000 GPUs deployed, it was announced on Tuesday.From expanding computing infrastructure to fostering homegrown models and supporting startups, the country is creating a robust AI ecosystem that benefits citizens and drives innovation.Initiatives in agriculture, healthcare, educat…
New Delhi, Dec 24 (IANS) Legally binding commitments on professional services under various free trade agreements (FTAs) would unlock global markets for Indian professional services, an official statement said on Wednesday.Commerce Secretary Rajesh Agrawal emphasised the importance of enhanced stakeholder coordination, reforms in the domestic ecosystem, and legally binding commitments on professional services under various FTAs.Speaking at the ‘Chintan Shivir on Professional Services’ here, …
New Delhi, Dec 23 (IANS) India’s IT job demand reached 1.8 million roles in 2025, up 16 per cent over the previous year, with a larger share of hiring coming from GCCs and product-led organisations, a report has said.The report from talent solutions provider Quess Corp said Global Capability Centres accounted for about 27 per cent of total IT hiring demand in 2025, up from 15 per cent in 2024, while product and SaaS firms expanded selective hiring, while IT services and consulting recorded mod…