CNN Central News & Network-ITDC India Epress/ITDC News Bhopal: India’s commercial real estate market is entering a new phase of growth, with Global Capability Centres (GCCs), flexible workspaces, technology-led businesses and data centres emerging as key demand drivers.
The office market has recorded strong leasing activity in 2026. According to CBRE, India’s office market recorded its strongest-ever quarter in Q2 2026, with gross leasing reaching about 24.6 million square feet. GCCs accounted for 42% of office take-up during the quarter, while flexible workspace operators contributed 27%.
GCC expansion is expected to remain a major structural driver. Colliers estimates that GCCs could account for around 45–50% of India’s Grade A office demand over the next two years, with annual leasing potentially reaching 35–40 million square feet. Demand is also expanding beyond traditional technology companies into banking, financial services, engineering and manufacturing.
Artificial intelligence is creating another emerging demand segment through data centres. Increasing AI workloads require specialised infrastructure, high-performance computing, reliable power and advanced connectivity, supporting new investment in data-centre facilities.
Sustainability and quality are also influencing occupier decisions. CBRE reported that around 76% of new office completions in Q2 2026 were green-certified.
With GCC expansion, flexible offices, AI infrastructure and demand for premium sustainable workplaces developing simultaneously, India’s commercial real estate market is seeing multiple sources of demand reshape its next growth cycle.
Hashtags: #BusinessEconomy #Bhopal #Desksource #India #Commercial #Real #DeskSource #Estate #Enters #New
