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As corporations more and more understand India because the ‘workplace to the world,’ world functionality facilities (GCCs) are absorbing workplace area at an accelerated tempo within the nation.
GCC are projected so as to add one other 45-50 million sq. ft., accounting for 42 per cent of the overall workplace area demand in India by 2026, in response to an ANSR report on ‘The GCC Impact on India’s Actual Property.’ At present, GCCs account for 32 per cent of the overall workplace inventory (760 million sq. ft.), up from 24 per cent (577 million sq. ft.) in 2019, reflecting an 8 per cent improve.
The utmost surge in demand for area might be in Grade A workplace areas reinforcing the nation’s standing as a worldwide GCC hub, the report additional said. Additionally, over 75 per cent of workplace leasing in 2024 was in green-certified buildings showcasing the significance of ESG (Environmental, Social, and Governance) compliance.
A number of GCCs are increasing their workplace area in India. One amongst them is Anaptyss, a digitally enabled managed companies supplier within the world BFSI {industry}, has introduced a big growth of its bodily footprint in India, with its complete operational area set to exceed 100,000 sq. ft. over the following two years. This transfer aligns with the corporate’s plan to double its India workforce by 2027 by including over 600 extremely expert professionals throughout specialised monetary companies and threat administration domains.
The corporate’s flagship GCC based mostly in Gurugram, at present spanning about 28,600 sq. ft. might be expanded by 17,000 sq. ft., bringing the overall area to over 45,600 sq. ft. — almost doubling the capability to over 1,000 seats. The expanded heart will increase the supply for Anaptyss’ rising shopper base in North America and South America, together with Canada and Mexico. In Noida, Anaptyss operates a 55,000 sq. ft. facility with a capability for about 500 professionals.
“We proceed to see a robust world demand for our digitally enabled, value-driven managed companies. The growth of our India supply facilities, together with the ramp-up of the Gurugram GCC, plans for a devoted campus in Noida, and strategic concentrate on the cities of Pune, Bengaluru, Kolkata, Hyderabad, and Jaipur will assist us serve the demand at scale,” said Anuj Khurana, Co-founder and CEO, Anaptyss.
As a part of its progress technique, healthcare GCC Thryve Digital is increasing its Chennai operations with a brand new 73,000 sq. ft. facility, including to its 2.5 lakh sq. ft. campus. With a present workforce of 4,400, the corporate is ready to rent 1,000 professionals, reinforcing its dedication to expertise improvement and scaling digital capabilities throughout the rising GCC ecosystem.
Final yr, cybersecurity firm Arctic Wolf launched its first Indian GCC in Bengaluru. Right now, the middle is pivotal to driving innovation, product improvement, and enhancing the corporate’s safety operations platform.
“Our mission is to finish cyber threat for organizations of all sizes, and the analysis and improvement work that may occur out of India might be a significant enabler in furthering this objective,” mentioned Dan Schiappa, chief product and companies officer, Arctic Wolf. “By tapping into the extremely expert workforce in Bengaluru, we goal to additional speed up the event of superior machine studying fashions and AI-driven cybersecurity detections inside our platform, offering our clients with unparalleled safety in opposition to evolving cyber threats.”
In line with ANSR, industry-wise, the know-how sector accounted for 47 per cent of the overall leasing exercise, adopted by versatile area suppliers at 19 per cent, banking, monetary companies & insurance coverage(BFSI) at 16 per cent, and manufacturing corporations at 9 per cent.
As GCCs proceed to broaden their workforces, this has led to the emergence of ‘micromarkets’ that are basically state-of-the-art know-how hubs and IT parks on the outskirts of the principle metropolis, providing ergonomically designed workspaces tailor-made to the wants of the GCCs.
The excessive absorption of workplace areas can also be a operate of the reversal of distant work development within the GCC sector. “Corporations are implementing stricter return-to-office insurance policies, rising demand for bodily workspace. This shift is influencing actual property planning, with GCCs securing bigger footprints for rising on-site groups. The concentrate on collaboration reinforces the worth of in-person environments,” ANSR mentioned in an earlier report.
“Actual property progress pushed by GCCs is not nearly sq. footage — it is about innovation in how workspaces are designed and used. In contrast to conventional workplaces, GCCs are constructed as culturally built-in ecosystems that foster collaboration, agility, and enterprise alignment. From versatile, tech-enabled campuses to sustainable, employee-first environments, GCCs are reshaping the way forward for workplace area in India. As GCCs broaden past conventional metros, they’re unlocking demand for world-class infrastructure in rising cities, fuelling sustainable and inclusive city progress,” mentioned Smitha Hemmigae, Managing Director, ANSR.
