New Delhi, April 5 -- The Global Capability Centres (GCCs) are projected to account for about 35-40 per cent of the total office space absorption across the key cities in 2025, CBRE said in a report.

The report added that the state-specific policies designed to support the GCC expansion will encourage leasing growth in the smaller cities, complementing the activity observed in the established hubs.

Cities such as Bengaluru, Hyderabad, Chennai, Mumbai, Pune besides Delhi-NCR are the major hubs for GCCs in India.

The report by CBRE, a real estate consultancy company, added that the technology sector will lead the total office demand in the country, given its focus on pioneering advanced solutions.

GCCs within the BSFI (Banking, Financia...