+
60% of GCCs Operate from Green Grade-A Flex Offices: Vestian
ECONOMY & POLICY

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

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.

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.

Next Story
Infrastructure Urban

Modi Meets Finnish Prime Minister On Margins Of AI Summit

Prime Minister Shri Narendra Modi met with His Excellency Mr Petteri Orpo, Prime Minister of the Republic of Finland (the Finnish Prime Minister), in New Delhi on 18 February 2026 on the margins of the artificial intelligence (AI) Impact Summit. The meeting brought together leaders to discuss bilateral cooperation across technology and sustainability. The two leaders reviewed recent developments in India-European Union relations and bilateral ties. Both leaders welcomed the recent conclusion of the India-European Union Free Trade Agreement (India-EU FTA) at the 16th India-European Union Summit..

Next Story
Infrastructure Urban

Prime Minister to Inaugurate India AI Impact Summit 2026

Prime Minister Narendra Modi will inaugurate the India AI Impact Summit 2026 on 19 February at Bharat Mandapam in New Delhi, having welcomed participating world leaders at the venue on the evening of 18 February and scheduled bilateral meetings on the sidelines. The opening ceremony is scheduled for around 9:40 am and will feature addresses from the President of France, the Secretary-General of the United Nations and senior industry leaders. The programme aims to set the tone for national and international collaboration on artificial intelligence. At around 11 am the Prime Minister will visit ..

Next Story
Infrastructure Urban

India And Germany Reaffirm Telecom And Digital Cooperation

India and Germany reaffirmed cooperation in telecommunications and digital transformation after a bilateral meeting on 18 February 2026 at Sanchar Bhawan in New Delhi between the Union Minister of Communications and Development of the North Eastern Region and the German Federal Minister for Digital Transformation and Government Modernization. The meeting followed the signing of a Joint Declaration of Intent on 10 January 2026 during the India?Germany Summit and was presented as a non?binding framework for structured collaboration. The Indian minister outlined India’s digital transformation, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App