India’s Global Capability Centre (GCC) ecosystem is steadily moving toward sustainable and premium office infrastructure, with flexible workspaces playing a central role in this transition.
A new industry report reveals that 62% of GCC bases operating from flex spaces in India are housed in green certified centres, while 85% operate from Grade A buildings. This trend remains consistent across the top 7 cities, where 42% of flex centres are green certified and 69% are located in Grade A properties. The data highlights a clear preference among global companies for high quality and environmentally responsible workplaces.
India is currently home to more than 1,750 GCC companies operating through nearly 3,800 bases. Over the last 2 years, GCCs have contributed to more than 40% of the total office space absorption in the country. Within the flex segment, over 475 of the 1,400 flex centres across Tier 1 cities are hosting GCC operations, underlining the growing importance of flexible offices.
Flex operators continue to remain key enablers of this growth. “As India’s GCC landscape continues to evolve, flex operators will remain indispensable partners — offering flexibility, faster speed to market, and enterprise-grade infrastructure,” said Shrinivas Rao, FRICS, CEO, Vestian. Their ability to support rapid expansion and scale has made flex spaces an attractive choice for global enterprises.
The report also points to a strong location shift. Peripheral Business Districts are emerging as preferred destinations for GCC expansion due to better connectivity, competitive rentals, larger campuses, and improved scalability. As a result, 77% of the flex area occupied by GCCs is located in peripheral regions, compared to 61% of the overall flex stock in these areas.
Driven largely by GCC demand, India’s flex office market has expanded to 82.3 million sq ft across nearly 1,400 centres in the top 7 cities. The market remains consolidated, with the top 10 operators controlling 67% of the total flex stock. City-wise distribution shows Bengaluru leading with 33.2%, followed by Delhi NCR at 20.4% and Pune at 14.7%.
Looking ahead, flex office stock in Tier 1 cities is projected to cross 100 million sq ft by 2026, as operators continue to expand and upgrade portfolios to meet rising GCC demand. The report clearly indicates that sustainability, premium infrastructure, and flexibility are shaping the future of India’s GCC growth.
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