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Global capability centres fuel premium play in India's office space

Demand for Grade-A, ESG-compliant, smart offices on the rise

office sector, Global capacity center, office leasing, office spaces, Commercial real estate
premium

In Q1CY25, GCCs leased 88 per cent of the total office space in green buildings as part of their broader commitment to achieving carbon neutrality

Prachi Pisal Mumbai

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Global Capacity Centres (GCCs) are fueling the premiumisation of India's office real estate market, driven by their demand for Grade-A, ESG-compliant buildings equipped with advanced smart technology systems — critical to achieving their sustainability goals.
 
GCCs are opting for premium real estate, not only to bolster brand reputation, but to attract and retain top talent, improve operational efficiency, and enhance employee productivity. These standards have made their office selection process more stringent than ever.
 
This growing demand has had a positive impact on the Indian office market. It has also led to a surge in premium office space, higher penetration