New Delhi, April 28 -- India's office market remained buoyant during January-March period of this year despite global uncertainties, with both gross and net leasing of workspaces rising by 10% and 7%, respectively, across seven major cities, according to JLL India. On Monday, real estate consultant JLL India released its office market data, which showed that leasing activities remained strong, driven by demand from foreign firms to set up Global Capabilities Centres (GCCs). As per the data, the gross leasing of office space grew 10% to 21.5 million sq ft in January-March from 19.5 million sq ft in the year-ago period. Net absorption or leasing of office space rose 7% to 13.7 million sq ft from 12.8 million sq ft across seven major cities-Mumbai, Bengaluru, Delhi-NCR, Pune, Hyderabad, Chennai and Kolkata. Gross leasing refers to all lease transactions recorded during the period, including confirmed pre-commitments, but does not include term renewals. Net absorption is calculated as the new floor space occupies less floor space vacated. Floor space that is pre-committed is not considered to be absorbed until it is physically occupied."India's office market has delivered its strongest-ever first quarter...that demonstrates remarkable resilience despite global headwinds. This growth is being driven by a fundamental transformation in how global enterprises leverage India...," said Rahul Arora, Head - Office Leasing & Retail Services, Senior Managing Director (Karnataka, Kerala), India, JLL. Leasing by foreign firms for establishing GCCs grew 43% year-on-year to 9.8 million sq ft, contributing 45.5% of total leasing activity," he said."These are not traditional back-office operations, they are strategic innovation hubs focused on AI development, digital engineering, and core product development," Arora said....