60% of GCCs Operate from Green Grade-A Flex Offices: Vestian

24 Dec 2025 CW Team

As GCCs become dominant occupiers, they are accelerating premiumisation within the flex segment. Across the top seven cities, 42 per cent of flex centres are green-certified and 69 per cent are located in Grade-A buildings. In contrast, around 62 per cent of GCC bases in flex spaces operate from green-certified centres, while 85 per cent are located in Grade-A assets, highlighting a strong preference for high-quality, sustainable workspaces.

City-level data reflects this trend. Mumbai leads with 98 per cent of GCC bases in Grade-A flex buildings, followed by Hyderabad and NCR at 94 per cent and 93 per cent respectively. Green-certified adoption among GCCs is strongest in NCR at 81 per cent, followed by Hyderabad at 72 per cent and Mumbai at 68 per cent.

GCC expansion is also driving flex growth beyond central business districts. Peripheral business districts now account for 77 per cent of flex space occupied by GCCs, compared to 61 per cent of overall flex stock, driven by better connectivity, competitive rentals and campus-style developments.

Commenting on the trend, Shrinivas Rao, CEO, Vestian, said flex operators have become indispensable partners for GCCs by offering faster market entry, flexibility and enterprise-grade infrastructure required for rapid scaling.

India’s flex market has expanded to 82.3 million sq ft across nearly 1,400 centres in the top seven cities, with the top 10 operators controlling 67 per cent of total stock. Bengaluru leads with a 33.2 per cent share, followed by NCR at 20.4 per cent and Pune at 14.7 per cent. Vestian projects India’s flex stock to exceed 100 million sq ft by 2026, supported by sustained GCC demand and continued upgrades toward premium, sustainable office environments.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

India has emerged as a key global hub for Global Capability Centres (GCCs), with flex offices playing a growing role in meeting enterprise demand for speed, scalability and quality. According to Vestian Research, India hosts over 1,750 GCCs operating through nearly 3,800 bases, accounting for more than 40 per cent of total office space demand over the past two years. Of the 1,400 flex centres across major Tier-1 cities, more than 475 currently house GCC operations. As GCCs become dominant occupiers, they are accelerating premiumisation within the flex segment. Across the top seven cities, 42 per cent of flex centres are green-certified and 69 per cent are located in Grade-A buildings. In contrast, around 62 per cent of GCC bases in flex spaces operate from green-certified centres, while 85 per cent are located in Grade-A assets, highlighting a strong preference for high-quality, sustainable workspaces. City-level data reflects this trend. Mumbai leads with 98 per cent of GCC bases in Grade-A flex buildings, followed by Hyderabad and NCR at 94 per cent and 93 per cent respectively. Green-certified adoption among GCCs is strongest in NCR at 81 per cent, followed by Hyderabad at 72 per cent and Mumbai at 68 per cent. GCC expansion is also driving flex growth beyond central business districts. Peripheral business districts now account for 77 per cent of flex space occupied by GCCs, compared to 61 per cent of overall flex stock, driven by better connectivity, competitive rentals and campus-style developments. Commenting on the trend, Shrinivas Rao, CEO, Vestian, said flex operators have become indispensable partners for GCCs by offering faster market entry, flexibility and enterprise-grade infrastructure required for rapid scaling. India’s flex market has expanded to 82.3 million sq ft across nearly 1,400 centres in the top seven cities, with the top 10 operators controlling 67 per cent of total stock. Bengaluru leads with a 33.2 per cent share, followed by NCR at 20.4 per cent and Pune at 14.7 per cent. Vestian projects India’s flex stock to exceed 100 million sq ft by 2026, supported by sustained GCC demand and continued upgrades toward premium, sustainable office environments.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..