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GCCS GROWTH IN GURUGRAM
Tulip group to invest Rs 6,000 crore in future expansionTulip Group is set to invest Rs 6,000 crore in Gurugram's residential projects, including the 495-foot-tall Tulip Melrose on Southern Perip...- DLF-GIC JV firm's rent income rises 16% to Rs 5,525 cr in FY26 on demand for commercial spacesDCCDL, a joint venture between DLF and GIC, saw its rental income climb 16 percent to Rs 5,525 crore last fiscal. This growth was driven by...
- 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...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Net leasing of office spaces in NCR down 60 pc in Jan-Mar to 1.5 mn sq ft: JLLDelhi-NCR's office market experienced a subdued first quarter with net leasing falling 60% to 1.5 million sq ft, primarily due to reduced n...
- Flexible workspace firms clinch big deals in Q4Flexible workspace operators secured major office deals in the March quarter. Smartworks and WeWork led with substantial space leases acros...
- Smartworks bets on structural shift as managed offices become mainstreamIndia's managed office sector is entering a period of strong growth. Smartworks, a leading platform, is expanding rapidly with large campus...
- Flex offices are the new gateway for GCCsFlexible workspace operators are strategically partnering with Global Capability Centers (GCCs) to facilitate their expansion into India. G...
- 91Springboard signs leases for new hubs in Bengaluru and Chennai, expands South India footprint91Springboard is expanding its South India presence by adding two new flex-workspace hubs in Bengaluru and Chennai, totaling over 1 lakh sq...
- Zomato leases office space in GurugramZomato has leased 270,000 sq ft at Tata Realty's Intellion Park in Gurugram and is in talks for an additional 1 million sq ft, signaling si...
- UrbanVault starts two coworking centres in Gurugram; to invest Rs 100 crore in FY26 to expand bizAmal Mishra, CEO of UrbanVault, said, "Delhi NCR is one of the most important office markets in the country and plays a pivotal role in our...
- Global Capacity Centres to expand to USD 105 billion by 2030: Labour SecretaryIndia's Global Capability Centres (GCCs) are set to reach USD 105 billion by 2030, employing 2.8 million people. Currently, India hosts ove...
- Dunzo founder's exit; GCCs & pay hikesWishing all our readers a very happy new year. Dunzo's cofounder & CEO has discussed leaving his crisis-hit company. This and more in 2025'...
- IBM in advanced talks to lease 260,000 sq ft at Gurugram's TRIL Tower amid India's office leasing boomIBM is negotiating to lease 260,000 square feet of office space in Gurugram's TRIL Tower. The increasing demand for office spaces is driven...
- Net office leasing to grow 10-12% to 41-43 million sq ft this fiscal: CRISIL RatingsNet leasing of Grade A commercial offices in India is projected to rise by 10-12% this fiscal, driven by strong demand from global capabili...
- Volkswagen India tech arm leases 3 floors office space in Pune's HinjewadiThe company has leased the space spread over more than 1.23 lakh sq ft in Hudson Block forming part of Embassy Tech Zone in Rajiv Gandhi In...
- India's tech chops help GCCs to look within for solutionsANSR, which helps set up GCCs and handles over 110 centres and 120,000 GCC talent resources, says that over 30,000 critical jobs over the p...
- Global capability centers follow top tech talent to India’s heartlandWhile Pune and Chennai’s automotive and manufacturing sector has attracted interest from a number of GCCs in the same space, Hyderabad has ...
- Brookfield India REIT leases over 5.21 lakh sq ft in July-SeptemberAround 37% of the office space was leased to Global Capability Centers (GCCs). The robust demand for office spaces and resultant leasing mo...
- Average office rent up 8 pc in Delhi-NCR in January-June"Unlike H1 2021, which saw almost equal share in the leasing activity from Gurugram and NOIDA, the first half of 2022 witnessed varied leas...
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