India, Oct. 10 -- US administration's freeze on green card filings by Indian IT majors could have indirect implications for India's real estate market, potentially accelerating the expansion of Global Capability Centres (GCCs) and research and development operations in the country, say real estate experts.

With Indian technology professionals facing greater uncertainty about their path to permanent residency in the US, some companies could consider expanding their operations in India, leveraging the country's cost advantages and deep pool of skilled talent. This could generate additional demand for commercial office space, especially by GCCs, in established markets such as Bengaluru, Hyderabad, Delhi-NCR, Mumbai, Pune and Chennai, while ...