Bengaluru remains India’s GCC capital as maturing market cools rental growth
Bengaluru remains India's top market for Global Capability Centres (GCCs), though rental growth has slowed due to a high supply of office space. Hyderabad and Pune currently show stronger rental growth compared to Bengaluru's maturing market.
Why it matters
The data provides insights into the commercial real estate health of India's major technology hubs.
As Bengaluru continues to be India’s largest Global Capability Centre (GCC) market, a new ranking of cities based on the Commercial Property Rental Index (CPRI) for GCCs has shown that the city’s GCC index, as of the first quarter calendar year 2026, recorded a compound annual growth rate (CAGR) of 1.6% over the past three years.
The article relies on data from IIM Bangalore and CRE Matrix to present an objective market analysis.
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