India's office leasing volumes touch 66.4 msf in 2024, market likely to reach 70 msf in 2025: Report

Global Capability Centres (GCCs) have emerged as a major demand driver, with leasing surging 41 percent YoY to 25.7 msf in 2024. Bengaluru captured 47 percent of GCC leasing, while Mumbai witnessed a fourfold increase in GCC uptake compared to 2023, the report said.

Feb 11, 2025 - 16:30
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India's office leasing volumes touch 66.4 msf in 2024, market likely to reach 70 msf in 2025: Report
Global Capability Centres (GCCs) have emerged as a major demand driver, with leasing surging 41 percent YoY to 25.7 msf in 2024. Bengaluru captured 47 percent of GCC leasing, while Mumbai witnessed a fourfold increase in GCC uptake compared to 2023, the report said.

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