GCCs keep India’s office market buzzing, Bengaluru takes the lead
Global Capability Centres (GCCs) in India drove a 38% increase in office leasing during the first half of 2026. Bengaluru remains the primary hub, followed by Pune, Delhi NCR, and Mumbai.
Why it matters
The growth of GCCs indicates strong foreign investment and the continued importance of India as a global corporate operations hub.
India's Global Capability Centres (GCCs) continued to drive office demand in the first half of 2026, with leasing by these centres rising nearly 38 per cent year-on-year to around 16.5 million square feet (MSF).GCCs accounted for 38 per cent of the country's total office leasing during the period, with four cities like Bengaluru, Pune, Delhi NCR and Mumbai, contributing nearly 80 per cent of the overall GCC leasing, according to Cushman & Wakefield's Q2 2026 Office Market Beat report.Bengaluru remained the country's biggest GCC market, recording 5.36 MSF of leasing in H1 2026.
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