Bengaluru office leasing reaches 5.3 million sq ft in Q1 2026, driven by high demand from GCCs and financial firms. This report analyses the major transactions.

India's corporate leasing hits a historic peak in Q1 2026 as Global Capability Centres absorb 9.1 million sq ft - the highest quarterly office uptake ever recorded. Explore what's driving the surge.

Enzyme Office Spaces has leased 3.4 lakh sq ft of flexible office space across Bengaluru's Whitefield, HSR Layout, and Hebbal micro-markets. The 10-year lease agreement, valued at ₹2.5 crore per month, will be subleased to Global Capability Centers (GCCs) and startups, projecting ₹50 crore in annual revenue. This expansion enhances Enzyme's managed office portfolio in key Indian commercial hubs, underscoring robust demand for adaptable workspace solutions.

Navi Mumbai is solidifying its position as a commercial hub, primarily attracting Global Capability Centres (GCCs) due to office rental rates approximately 21% below the average for major Indian metros. Analysis shows robust demand outpacing new supply, signalling sustained growth potential in the region.

India's flex workspace industry is set to triple to $10 billion by 2028, fuelled by over 1,850 GCCs employing 2.2 million professionals and seeking agile, turnkey office solutions.

Tamil Nadu has emerged as India's top SEZ destination and fastest-growing hub for GCCs and data centres, driving significant commercial real estate demand across Chennai, Coimbatore, and Tirunelveli.

India's flexible workspace sector is poised for remarkable growth, with total inventory expected to exceed 100 million square feet by 2027. Driven by Global Capability Centres and enterprise adoption of hybrid work models, cities like Bengaluru .

India's office leasing market continues to surge despite global uncertainties, driven by competitive fitout costs averaging just USD 75 per sq ft and growing demand from GCCs seeking world-class workplaces with sustainability features.

India's office market recorded 19.69 million sq ft absorption in Q3 2025, marking 6% YoY growth, with Bengaluru, NCR, and Mumbai leading the commercial real estate expansion driven by GCCs, BFSI sector, and flexible workspace operators.

Discover how 70+ mega Global Capability Centres employing 55,000+ people each are creating massive real estate opportunities across India's major cities. Investment guide for commercial and residential properties.

India's six premier office markets achieved unprecedented 65 million sq ft leasing volumes in FY2025, marking 14% growth driven by GCCs, BFSI sector, and flexible workspace operators across Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai, and Pune.

India's office leasing market targets record 90 MSF in 2025 with 23 MSF Q2 growth. Bengaluru leads with 6.4 MSF as GCCs and flex operators drive commercial real estate boom across top 7 cities.

India’s four listed REITs distributed ₹6,070 crore in FY25, recording 13% growth over last year. Strong leasing demand and increased NOI reflect rising investor confidence in India’s commercial real estate sector.

India’s office market is witnessing record demand, with MNCs and GCCs driving occupancy rates to decade-high levels.

Embassy Office Parks REIT, India's first listed REIT and Asia's biggest office REIT by area, increased its fiscal 2025 leasing objective to 6.5 million square feet from 5.6 million. This adjustment shows that corporate occupiers, notably GCCs, continue to seek premium office locations.