Airbnb strengthens India presence with major GCC office lease in Gurugram

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Airbnb leases 46,437 sq ft at DLF Cyber City to expand its GCC operations in India
Airbnb leases 46,437 sq ft at DLF Cyber City to expand its GCC operations in India

Reinforcing its long-term commitment to India, Airbnb has leased 46,437 sq ft of office space for its Global Capability Centre (GCC) at DLF Cyber City in Gurugram. The 5-year lease comes with a starting monthly rent of approximately ₹61.53 lakh.

According to transaction documents accessed by a real estate data platform, the lease began on October 1, 2025, at a rental rate of ₹132.5 per sq ft per month. The office space is located in Building No. 5 (Tower A) of DLF Cyber City.

As part of the agreement, Airbnb has paid a security deposit of ₹5.54 crore. The lease also includes a 5% escalation clause.

The development follows recent comments by Airbnb Chief Executive Officer Brian Chesky, who highlighted the company’s plans to continue investing in India, one of its fastest-growing global markets. The growth is being driven by a rising middle class and travel-focused Gen Z consumers. The company has also continued to invest in the region to support the increasing number of domestic travellers.

“Airbnb’s expansion at DLF Cyber City reflects the incredible momentum we are witnessing in India’s commercial real estate market. GCCs have moved beyond simple back offices to become the primary engine driving premium institutional leasing,” said Raja Seetharaman, Co-founder of Propstack.

He added that tech companies committing to long-term, high-value leases at over ₹130 per sq ft demonstrate the continued demand for premium Grade A office infrastructure.

GCCs remained the leading driver of office leasing activity in India during January–March 2026, accounting for 9.1 msf, or 44% of the total 20.7 msf absorbed during the quarter.

A recent report by real estate consultancy CBRE noted that GCC demand continues to remain strong across key markets including Delhi-NCR, Mumbai, and Bengaluru, supported by expansion plans from Fortune 500 companies.

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