In the first quarter of 2025, Bengaluru took the top spot for Global Capability Centre (GCC) office leasing in India, grabbing 40% of all space leased across the country. This means more global companies are choosing Bengaluru to set up their back-end tech and business teams — and that's having a big impact on the city's real estate market.
New areas like Sarjapur Road, home to modern residential projects like Birla Evara, are seeing higher demand as more professionals move into the city.
"Bengaluru continues to attract strong interest from GCCs, thanks to its deep talent pool and established tech ecosystem," said Peush Jain, MD of Commercial Leasing at ANAROCK.
This shows more variety in the kinds of global firms entering Bengaluru.
Strong Office Demand:
According to JLL, Bengaluru had 3.2 million sq. ft. in net office absorption in Q1 2025 — the highest for a post-pandemic first quarter. Vacancy levels dropped to 11.4%, showing that spaces are filling up quickly.
Rents Are Rising:
Even with 2.9 million sq. ft. of new office supply, rents are going up, especially in popular areas. Companies want offices in good locations that help them attract and retain employees.
Flexible Office Spaces:
More companies are now leasing co-working or managed office spaces. This trend is growing fast and is expected to continue into 2025.
This is where projects like Birla Evara are coming up — offering smart homes, top-class amenities, and easy work access for professionals.
City | GCC Leasing (Q1 2025) |
Bengaluru | 3.3 million sq. ft. |
Delhi-NCR | 1.91 million sq. ft. |
Chennai | 1.22 million sq. ft. |
Hyderabad | 0.82 million sq. ft. |
Chennai made a strong comeback, and Hyderabad saw a small drop compared to last year. Tier 2 cities like Coimbatore, Mysuru, and Ahmedabad are gaining traction, but Bengaluru remains the clear leader.
By the end of 2024, India had over 1,700 GCCs employing 1.8 million people. By the end of 2025, this could reach 1,900 GCCs, and by 2030, over 2,200–2,300 GCCs could operate in India — employing nearly 2.8 million people.
Bengaluru isn't just leading GCC growth — it's shaping the future of India's global business ecosystem. This growth is driving big changes in both office and home demand. Areas like Sarjapur Road, with good connectivity and new-age housing like Birla Evara, are well-positioned to benefit.
As global firms expand their presence in India, Bengaluru will remain their top choice, creating lasting impact on the city's real estate market.
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