Mumbai, May 20 -- Global Capability Centres (GCCs) have been ramping up their presence on India's commercial real estate landscape in the last few years, with government initiatives announced in the Union Budget further accelerating this trend, according to a study report of ANAROCK.
The top cities are witnessing escalating demand from both new GCC entrants and those expanding their existing operations.
The latest ANAROCK data shows the top southern cities - Bengaluru, Hyderabad, and Chennai - dominating GCC office space leasing in Q1 2025 with a 64 percent overall share.
Approximately 8.35 Mn sq. ft. gross office space has been leased by GCCs in Q1 2025 across the top 7 cities.
" GCCs in Bengaluru, Chennai, and Hyderabad collectively...