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GCC RENTAL TRENDS
India’s office market tilts decisively toward Grade A as premium spaces dominate demandGrade A office rentals are rising as companies seek superior facilities. This trend is driving demand for premium spaces, particularly in c...
India’s office vacancy drops to 13.85% in Q4FY26, lowest since pandemic amid strong leasing demandOffice vacancy in India's top cities has reached its lowest point since the pandemic. This is due to companies returning to offices and Glo...
Bengaluru vs Hyderabad: Data shows narrowing gap, shifting edgeBengaluru and Hyderabad are India's twin growth engines. A new report highlights their economic competition. Bengaluru leads in startups an...
Workday to set up GCC, signs one of the Larger Enterprise Office Commitments in Chennai with CowrksEnterprise cloud application company Workday has leased 1.94 lakh sqft in Chennai's Millenia Business Park, marking a significant global ca...
GCCs, flex offices to keep India’s office demand strong in 2026 despite global headwinds: ColliersIndia's office market is set for continued strength in 2026. Demand for workspaces and new projects will remain stable. Global Capability C...
GCCs to lease 50–55 msf, to drive 40% of office space demand in top 6 Indian cities by FY26-27: ICRAGlobal capability centres (GCCs) are set to lease 50–55 million sq ft of Grade A office space across India’s top six cities by FY27, contri...
GCCs set to drive 40% India’s top 6 office markets’ leasing demand during FY26-27Global Capability Centres are set to lease 50-55 million sq ft of office space by FY2027. This will boost India's top property markets sign...
India’s residential rents cool to 7–9% in H1 2025, but infrastructure-driven micro-markets see sharp hikesIndia's rental housing market is moderating after a period of steep inflation, with average rental increases in major metros slowing to 7-9...
GCCs leased 31.8 million sq ft in FY25, reports 24% YoY growthIndia's office market is booming, driven by Global Capability Centres (GCCs) which leased 31.8 million sq ft in FY25, a 24% increase from l...
India’s top 15 high-activity micro markets drive 65% of office demand, 76% of new supplyA new report highlights the dominance of 15 micro markets in India's office real estate. These markets account for a significant portion of...
Vacancy at office space dips further on the back of strong demandIndia's office space vacancy declined for the seventh consecutive quarter to 15.7% in Q1 2025, driven by strong leasing activity and limite...
Walmart looks to build tech muscle, expands Chennai GCCThe expansion follows Walmart leasing about around 900, 000 sq ft in Bengaluru between Q3 and Q4 of 2024 from realty developer Prestige Gro...
Mini Bengalurus: Why govt wants tech hubs in Tier II, III townsBengaluru's growth as a tech hub is creating opportunities in smaller Indian cities. Global capability centers are expanding to new locatio...
Nielsen Media, group co leases over 1.52 lakh sq ft in Mumbai’s GoregaonNielsen Media has secured an office space in Mumbai's Goregaon for over 10 years, with a total rental outgo of over Rs 465 crore. The lease...
Rentals across India’s key office markets up 4-8% in March quarter, ColliersIndia's prime office markets witness 4-8% yearly rental rise driven by demand and quality supply, surpassing pre-pandemic levels in 2024. O...
Indian office market sees steady demand uptrend; key cities’ rentals remain stableThe resilience exhibited by the Indian economy despite the global headwinds and availability of talent continues to help the office propert...
A play on Bangalore property market: Prestige Estates & Brigade can rally 25-38% in a yearThe Bengaluru residential real estate market is now on the cusp of a strong demand cycle, on the back of: a) strong hiring in the IT sector...