India's office leasing market grew 11% YoY in Q2 2025, reaching 178 lakh sq ft. Delhi-NCR led with 16% growth, driven by BFSI, tech, and GCC demand. Gurugram and Faridabad are emerging as top commercial destinations amid strong ESG and hybrid workspace demand.
India leads the world in hosting Global Capability Centers (GCCs), with over 1,700 centers across Tier-1 and Tier-2 cities. A projected 2,100+ GCCs by FY 2028 marks strong future growth.
GCCs, especially from Fortune 500 firms, accounted for 42% of India’s office leasing in FY25. Delhi-NCR, Noida, and Gurugram are key markets driving this growth, supported by infrastructure, talent, and scalable office parks.
Table Space ends FY25 with 41% YoY growth, expanding its premium managed workspace footprint to 10.5 million sq. ft. across India. Key sectors like IT, BFSI, and healthcare drove the demand surge, solidifying Table Space's leadership in flexible enterprise office solutions.
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