India's Differentiator In Realty Is Vibrant Work Ecosystem

India's top seven cities saw office leasing of 77.2 million square feet (msf) in 2024, a 22.6 per cent year-on-year increase. Of the total leasing, global capability centres (GCCs) accounted for 36 per cent, leasing 27.7 msf of office space in the country, according to JLL. During his recent visit to India, NEIL MURRAY, chief executive officer (CEO) of real estate management services at JLL, shared his insights on the country's growing commercial real estate sector in a video conversation with Prachi Pisal. Edited excerpts:

- NEIL MURRAY

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Why is India becoming a preferred location for GCCs?