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AI redraws office demand dynamics as GCCs power India's leasing market
Global Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are reducing their office space leasing significantly. Overall office transactions remain strong despite global economic uncertainties and disruptions. AI is transforming occupier requirements, shifting focus to capability over cost. India's deep talent pool and favorable business environment support sustained office demand.
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economictimes.indiatimes.com
India's office leasing hits record as multinationals expand despite global uncertainty
In the first half of 2026, India's office market saw unprecedented growth, with a staggering 45.5 million square feet leased. This remarkable rise was propelled by multinational…
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timesofindia.indiatimes.com
'Highest ever half-year': Office leasing hits record 45.5 mn sq ft in top 9 cities
Office leasing in India's nine major cities rose 10 per cent to a record 45.5 million sq ft during January-June, driven by strong demand from multinational companies expanding…
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AI penetration doubles in India's retail GCCs, but senior talent remains scarce
Artificial intelligence penetration in India's retail Global Capability Centres (GCC) has doubled, yet AI professionals still represent fewer than one in 20 employees, according…
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AI redraws office demand dynamics as GCCs power India's leasing market
Global Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are reducing their office space leasing…
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India’s GCC sector enters AI-Led growth phase: CEA Nageswaran explains
India’s Global Capability Center (GCC) sector has emerged as one of the country’s biggest economic success stories, evolving from back-office operations into global hubs for…