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GCCS OFFICE SPACE ABSORPTION
India's office market recorded its strongest quarter with gross leasing of 24.6 million sq ftIndia's office market recorded its strongest quarter ever in Q2 2026. Gross leasing reached an all-time high of 24.6 million square feet. D...- Nestle announces new GCC in Hyderabad through global division Nestle Business SolutionsNestle announced its new Global Capability Center in Hyderabad, India. This center will operate under Nestle Business Services India in par...
- Indian executives stepping into global leadership roles at major MNCsMultinationals are increasingly appointing India-based executives to global leadership positions. Companies are shifting product developmen...
- India's office leasing hits record as multinationals expand despite global uncertaintyIn the first half of 2026, India's office market saw unprecedented growth, with a staggering 45.5 million square feet leased. This remarkab...
- Nestle to set up GCC in HyderabadNestle India is launching a pivotal Global Capability Centre in Hyderabad, alongside major names such as McDonald's and L'Oréal, to tap int...
- Companies prioritising AI readiness, specialised skills over large-scale workforce expansion: ReportIndian companies are now prioritizing skilled talent and AI readiness over sheer hiring numbers, a shift towards precision in recruitment. ...
- Office leasing in India's top 8 cities skids 14.5% in Q2; vacancies hit post-Covid lowOffice space leasing in India's top eight cities saw a 14.5% year-on-year dip in Q2 2026, absorbing 11.6 million sq ft. Despite global econ...
- Japan emerges as largest APAC contributor to India's GCC ecosystem: DeloitteJapan is now India's top contributor to the Asia-Pacific GCC sector, with over 100 Japanese companies establishing centers. These hubs are ...
- Delhi High Court rules BSNL/MTNL absorbed DoT employees not eligible for 7th CPC pension revisionDelhi High Court has ruled against pension revision for former DoT employees absorbed into BSNL/MTNL under the 7th Central Pay Commission. ...
- Consumer firms to create nearly 5,000 jobs in 2 years as India outshines global marketsLeading consumer companies are injecting significant investment into India, creating nearly 5,000 new jobs over the next two years. This ex...
- National flex workspace brands command 19% premium over local operators: ReportBig names in flexible workspaces are charging over 19% more than smaller, independent operators, a trend expected to grow. Corporates are i...
- HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in BengaluruGlobal banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significa...
- AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
- Hyderabad is India's most expensive GCC office market, commands 15% premiumHyderabad has emerged as India's priciest office market for Global Capability Centres (GCCs), commanding a 15% premium. The city leads the ...
- Incuspaze raises Rs 150 crore to fuel expansion ahead of FY29 IPOFlexible workspace provider Incuspaze has secured Rs 150 crore in a significant funding round led by Bharat Value Fund. This capital inject...
- Embassy Developments to invest Rs 1,500 cr to build 3mn sq ft office space in Bengaluru: MD Aditya VirwaniEmbassy Developments is investing Rs 1,500 crore to build a 3 million sq ft office complex in Bengaluru, aiming to boost rental income from...
- GCC demand, flex workspaces keep India's office leasing on growth path in H1India's office market is thriving, with a 6% year-on-year surge in leasing to 35.7 million sq ft in the first half of 2026. Global Capabili...
- Office leasing down 2% in Apr-Jun across top 7 cities; new supply falls 28%: ColliersOffice space leasing across seven major Indian cities saw a slight dip of 2% to 17.4 million sq ft in April-June, primarily due to reduced ...
- India's office market remains cautious despite resilient demand and selective rental gains: ReportIndia's office market saw demand outpace new supply in Q2 FY26, leading to modest rent increases in active areas. Despite a cautious overal...
- Accenture picks up over 1 million sq ft office in Hyderabad through 10-year leaseAccenture has secured a massive 1 million sq ft office space in Hyderabad on a decade-long lease, committing around Rs 900 crore. This sign...
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