India, July 22 -- The primary structural engine driving the resilience and expansion of India's commercial office space is the evolving identity of Global Capability Centres (GCCs). Historically viewed as secondary back-office operational hubs, modern GCCs have transformed into the technological, R&D, and strategic hubs of global corporations.

Data from international property consultancy JLL reveals that India's office market recorded its strongest-ever first quarter in 2026, with gross leasing volumes hitting a historic 21.5 million square feet across the top seven cities, marking a high of 10.2% increase year-on-year.

The underlying catalyst for this activity is the accelerating footprint of GCCs, which drove 45.5% of total leasing ac...