New Delhi, Dec 22 (NationPress) Approximately 62% of global capability centre (GCC) bases functioning within flex spaces in India are situated in green-certified centres, while an even higher 85% operate from Grade-A buildings, according to a recent report released on Monday.

Across the leading seven cities, 42% of flex centres are recognized as green-certified, and 69% are found in premium Grade-A structures, as noted in the report by Vestian.

Vestian Research reveals that India is currently home to over 1,750 GCC companies with nearly 3,800 bases, leading to a demand for more than 40% of the total office space over the last two years.

The report further indicates that over 475 out of 1,400 flex centres in major tier 1 cities currently accommodate GCC bases.

“As India’s GCC landscape evolves, flex operators will remain crucial partners by providing flexibility, quicker market entry, and the enterprise-grade infrastructure necessary for global companies to scale efficiently in a highly competitive environment,” stated Shrinivas Rao, FRICS, CEO of Vestian.

Peripheral Business Districts (PBD) have become the preferred locations for GCC expansion rather than central urban areas.

These zones provide robust connectivity, competitive pricing, better scalability, and larger office campuses, making them attractive to rapidly growing global enterprises.

Reflecting this trend, 77% of the flex area occupied by GCC bases is located in peripheral regions, compared to 61% of the total flex stock, as reported.

Fueled by strong demand from GCCs, India’s flex ecosystem has grown to 82.3 million square feet across nearly 1,400 centres in the top seven cities.

However, the market remains consolidated, with the top 10 operators controlling 67% of the total stock. Bengaluru leads with a 33.2% share of the country’s flex stock, followed by Delhi-NCR at 20.4% and Pune at 14.7%.

India’s flex stock is expected to surpass 100 million sq ft across tier 1 cities by 2026 as flex operators expand and enhance their portfolios to effectively meet the rising demand from Global Capability Centres, according to Rao.