India office market defies global turmoil with GCC-led leasing
Bengaluru, July 6 -- India's commercial office market defied the West Asia war and its global impact with strong leasing in the January-June period across the top cities, propelled by global capability centres (GCCs) and flexible workspace operators.
The sector recorded gross leasing of 45.5 million sq ft in the first half of 2026, the highest ever registered in any half-year period, up from 41.5 million sq ft last year.GCCs anchored demand, accounting for 43% of total office space take-up during the period, with leasing by these centres reaching an all-time high of 19.6 million sq ft, as per data from CBRE South Asia Pvt. Ltd.
"Despite the geopolitical headwinds and AI-led uncertainty, the office sector performed well. Existing GCCs ar...
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