Work space demand high
GCCs with captive IT centres have cornered 55% of the total offices leased, according to the estimates of Cushman Wakefield. This is higher than the average leasing by GCCs in other metro cities, pegged at 40% of the total space leased. A report of realty services firm JLL states that over 2,000 GCCs now operate in India. These occupy around 26 crore sqft of premium office real estate. Of that pie, Pune has cornered around 15-20%. GCCs in the city occupy around 5 crore sqft office space.
This growth is fuelled by an ever-increasing demand from key sectors like IT, ITeS, BFSI, healthcare, life sciences, and engineering research and development,” Anuj Puri, chairman, Anarock, said. Pune: New-found liking of Global Capability Centres (GCCs) for Pune’s professional ecosystem is driving the demand for office space in the city. “Over the years, India’s GCC landscape has expanded rapidly.