In a landmark year for India’s real estate market, office leasing volumes soared to 82.6 million square feet in 2025, the highest ever recorded. The primary catalyst? A massive influx of demand from Global Capability Centers (GCCs), propelling the sector to new heights.
Major metros dominated the leasing charts, with Bengaluru leading at over 25 million square feet, followed closely by Hyderabad and Gurugram. GCCs, representing captive centers of global giants in IT, BFSI, and engineering, absorbed a whopping 35-40% of the total space, highlighting their pivotal role in commercial property dynamics.
This boom is supported by India’s skilled workforce, cost advantages, and world-class infrastructure developments like new metro lines and airport expansions. Market reports show a shift towards high-quality, sustainable office buildings, with occupiers prioritizing employee wellness and tech-enabled environments.
As 2025 wraps up, the office leasing surge signals strong recovery and resilience post-pandemic. Stakeholders predict continued GCC-driven growth, making India an unbeatable choice for global business expansion in commercial real estate.