Leasing for GCCs Rises 24% in FY25; Bengaluru Leads with 65% Share in Office Absorption: Vestian

Office rent in Hyderabad sees 10 pc rise in first half of 2025

Hyderabad: Office rent in Hyderabad has seen a 10 % increase from January to June 2025. The transaction volume in office spaces rose to 16 % reaching 5.9 million  square feet. Among various sectors, third party IT services take up 45% of office spaces and Global Capacity Centers (GCCs) 40%. These firms, which accounted for a mere 11% of total absorption in the first half of 2024, have surged to capture 45% of the market in the first half of 2025…

Leasing for GCCs rises 24% in FY25; Bengaluru leads with 65% share in office absorption: Vestian

Leasing of office space for Global Capability Centres (GCCs) rose by 24% in FY 2025, reaching 31.8 million sq ft across seven major Indian cities

GCCs Drive Office Leasing Surge In India FY25, Led By Fortune 500 Giants: Report

In terms of value, GCC absorption increased by 24 per cent during the same period, reaching 31.8 million square feet, said the report by Vestian

GCC Office Space Demand in India Rises 24% in FY25, Bengaluru Leads Absorption

According to a Vestian analysis, the demand for office space by Global Capability Centres (GCCs) in India increased by 24% over the last fiscal year, reaching 31.8 million square feet across seven major cities. This represents an increase over the previous year’s figure of 25.6 million square feet. According to the report, GCCs continue to be a key driver of India’s office industry, owing to cost optimisation, a skilled talent pool, and favourab…

Structured Hybrid’s Rise and the Future of Office Space

Dr. Gleb Tsipursky offers insight on the Q2 2025 Flex Report, explaining the rise in structured hybrid office spaces. The post Structured Hybrid’s Rise and the Future of Office Space appeared first on Work Design Magazine.

GCCs record rise in office leasing during FY25

Fortune 500 companies lead