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Global Capability Centres' Occupied Office Stock Grows by More Than 3X in a Decade to Cross 202 Million sq. ft: JLL-CRE Matrix Report

Mumbai (Maharashtra) [India], January 17 (ANI/BusinessWire India): GCCs in India have exhibited the fastest growth among all industry segments active in India's office leasing landscape. They now occupy more than 202 million sq. ft of office space across the top six cities (Bengaluru, Chennai, Delhi NCR, Hyderabad, Mumbai and Pune) as compared to 65.7 million sq. ft in 2012 - a growth of more than 3X, according to JLL - CRE Matrix Report. It is nearly 34 per cent of all occupied Grade A stock across the top six cities. "Bengaluru has emerged as the GCC leader, as it is home to 42 per cent of the GCC occupied stock in the country, equating to 85 million sq ft with over 460 occupiers in the city. Hyderabad is the second biggest GCC market with a share of 16 per cent in occupied stock, though has a lesser number of GCCs with Mumbai, Delhi NCR, and Pune ahead of it. Cities like Kolkata, Ahmedabad, Coimbatore, Nagpur, Mysore and Lucknow are a few of the emerging cities that have al ....

Uttar Pradesh , Andhra Pradesh , West Bengal , Tamil Nadu , Abhishek Kiran Gupta , Rahul Arora , Financial Services Insurance , Businesswire India , Financial Services , Data Science , Mumbai Maharashtra India , Anuary 17 Ani Businesswire India Gccs In Have Exhibited The Fastest Growth Among All Industry Segments Active 39s Office Leasing Landscape They Now Occupy More Than 202 Million Sq Ft Of Space Across Top Six Cities Bengaluru , Elhi Ncr , Umbai And Pune As Compared To 65 7 Million Sq Ft In 2012a Growth Of More Than 3x , Ccording To Jll Cre Matrix Report It Is Nearly 34 Per Cent Of All Occupied Gradea Stock Across The Top Six Cities Quot Bengaluru Has Emerged As Gcc Leader , S It Is Home To 42 Per Cent Of The Gcc Occupied Stock In Country , Quating To 85 Million Sq Ft With Over 460 Occupiers In The City Hyderabad Is Second Biggest Gcc Market Witha Share Of 16 Per Cent Occupied Stock , Hough Hasa Lesser Number Of Gccs With Mumbai , Nd Pune Ahead Of It Cities Like Kolkata , Ysore And Lucknow Area Few Of The Emerging Cities That Have Also Been In Radar Gccs For Opening Their Offices , Uot Said Rahul Arora , Ffice Leasing Advisory And Retail India , Ll Quot The Holistic Ecosystem Provided By Bigger Metros Witha Strong Physical And Office Infrastructure , Alent Pool And Support Amenities Has Contributed To The Expansion Of Gccs Across These Cities , Lthough Some Tier Ii And Iii Cities Have Also Witnessed Their Footprint Gccs Consider Indiaa Key Destination Contributor To Next Stage Of Evolution Are Consequently Investing In Setting Up Incubators , Nd Multiple Partner Programs To Drive Collaboration With Indian Start Ups And Educational Centres Of Excellence ,