GCCs account for 45% of office leasing in H1 2026 as demand outpaces supply: Report
India's Grade A office market remained resilient in the first half of 2026. Global Capability Centres leased nearly half of all office space across major cities. Bengaluru and Hyderabad led in office absorption, showing significant annual growth. New office completions declined, while vacancy rates decreased. Average monthly office rentals saw a notable year-on-year increase.
India's Grade A office market remained resilient in the first half of 2026. Global Capability Centres leased nearly half of all office space across major cities. Bengaluru and Hyderabad led in office absorption, showing significant annual growth. New office completions declined, while vacancy rates decreased. Average monthly office rentals saw a notable year-on-year increase.
