NEW DELHI — India’s commercial real estate landscape is experiencing a fascinating dichotomy. While net absorption, or net leasing of office spaces, registered a 20% year-on-year decline across the country’s eight major metropolitan areas during the first nine months of the year, gross leasing activity hit an all-time high. According to comprehensive data released on […]
Global Capability Centres in India: Resilient Leasing Amidst Strategic Retaloring and the Flex-Space Boom
Executive Summary: A Paradigm Shift in India’s Commercial Real Estate India’s commercial real estate landscape, long regarded as the back-office engine of the global economy, is undergoing a profound structural evolution. Recent high-profile closures of smaller Global Capability Centres (GCCs)—such as Cambium Networks shuttering its Bengaluru hub affecting roughly 200 employees, and US retailer Hy-Vee […]