The Economic Times

Foreign BFSI firms setting up more GCCs; rent highest 7.32 million sq ft office space in H1: Knight Frank

Foreign banking firms significantly boosted office space leasing for global centers. This sector's demand for office space rose seventy percent year-on-year. IT and IT-enabled services companies saw a decrease in their office space absorption. Other service companies also increased their office space leasing across major cities. India's commercial real estate market shows a diversified and resilient demand profile.