Global capability centres, or GCCs, are set to play an even bigger role in India’s commercial real estate market in 2026. A new report indicates they could account for nearly half of all Grade A office leasing by the end of the year, underlining how important they have become to overall demand.
The report says GCCs leased 16.6 million square feet of Grade A office space during the first half of 2026. That represented 46% of total office leasing across India’s top seven office markets, showing that these centres are already close to the halfway mark.
This trend points to continued resilience in India’s office market, even as companies remain selective about where and how they expand. GCCs appear to be leading that activity, helping sustain demand for higher-quality office assets and reinforcing their status as a key occupier segment.
If the current pace continues through the rest of 2026, GCCs will remain the dominant force in India’s office leasing story. Their growing footprint also suggests that multinational firms continue to see India as a strategic base for capability-building and long-term operations.
