India, July 2 -- Leasing of office space for Global Capability Centres (GCCs) rose by 24% in FY 2025, reaching 31.8 million sq ft across seven major Indian cities, according to a report by real estate consultancy Vestian.Bengaluru emerged as the top performer, with GCCs accounting for 65% of the city's total office absorption, the highest among the top seven cities. This marks a significant jump from 55% in the previous fiscal, reaffirming Bengaluru's position as the leading hub for GCCs in India.The report noted that the IT-ITeS sector continued to dominate GCC leasing, accounting for a 46% share in FY 2025, although this was down from 53% a year earlier. Meanwhile, the BFSI (Banking, Financial Services, and Insurance) sector saw its sha...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.