The analysis of the consulting company Anarock for real estate consultation shows that the best southern towns – Bengaluru, Hyderabad and Chennai – dominate the Global Capability Center (GCC) in the first quarter of 2025 with 64% of the overall share.
According to Anarock, Chennai currently organizes over 240 GCC, employs over 1,40,000 experts and contributes 10-12% of the GCC Talent Indian Fund. It is assumed that the city will see even more GCC, with estimates indicating approximately 440-460 by 2030.
At the level of the highest towns, the share of GCC lease Chennai was 8% in 2023, while in 2024 it increased to 12% and further to 15% in Q1 2025. In 2023 the total gross leasing across the highest cities at 288 million ft. And Chenni’s photo. And chenni’s ft. The total gross leasing across the highest cities was at 8.35 million square feet at 3.28 million squares in the first quarter of 2025, while the Chennai leasing share was 1.22 million square feet.
Production and engineering; Banking, financial services and insurance (BFSI); Research and Development (R&D) and IT/ITES sectors are more than 75% of leasing share in GCC overall leasing. Citigroup, Barclays, Standard Chartered, Amazon, Astrazeneca, Roche, Ford, Caterpillar, DHL, UPS, Comcast and Verizon have GCC in Chennai.
Peush Jain, MD – Commercial Leasing and Counseling, Anarock Group, said: “GCCS in Bengalur, Chennai and Hyderabad together rented approximately 5.34 Mn square ft. Hrubby office space in Q1 2025, followed by Delhi -NCR, which recorded gross office space. Mn.
Published – May 21, 2025 12:05
