Global Capability Centers are rewriting the script for India’s commercial property landscape in 2025. Snagging 45% of all office leases—up sharply from 41% in 2024—these centers leased 34.9 million square feet, boosting national totals to a peak 78.2 million square feet.
The 20% YoY growth in GCC leasing defies global economic jitters and geopolitical risks, underpinned by favorable policies and H-1B limitations. Overall demand climbed 11%, a testament to the sector’s vitality.
IT-ITeS holds 38% market share, with BFSI and co-working spaces tying at 14%. GCCs were pivotal, representing over half of IT employers and 60% of sector value leased.
Bengaluru tops GCC hotspots at 32%, trailed by Hyderabad’s 19%. Sustained demand trends forecast an escalation to 85-90 million square feet by 2026’s close, driven by GCC expansion.
As multinationals embed deeper into India’s ecosystem, this surge heralds economic ripple effects: thousands of high-skill jobs, urban revitalization, and a competitive edge in global services.