GCC boom fuels US demand, US firms drive one-third of office demand in top Indian cities; Bengaluru leads office space race among top 7 cities
US companies are the biggest drivers of India's office space demand, leasing over 64 million sq ft between 2022 and 2024. Approximately 70% of this space is for Global Capability Centres (GCCs), particularly in Bengaluru. Technology and BFSI firms are leading this trend, drawn by India's skilled talent and favorable business environment.
US companies are the biggest drivers of India's office space demand, leasing over 64 million sq ft between 2022 and 2024. Approximately 70% of this space is for Global Capability Centres (GCCs), particularly in Bengaluru. Technology and BFSI firms are leading this trend, drawn by India's skilled talent and favorable business environment.
