Pune: The demand for flexible office space is on the rise as more and more Global capability centers (GCCs) are setting up offices in the city.Total flexible seats leased in Pune in Jan-Jun 2026 stood at 20,900 units, higher compared to 16,352 units a year ago, as per Cushman & Wakefield data. Flexible seat leasing in top eight metros in India also improved by 68% to 1.9 lakh seats during the period.Share of GCCs in the total leasing of flexible spaces has also increased to around 45% during the period, industry data shows.Between 2022-26, 1.3 crore sq ft has been leased by GCCs in Pune, CBRE data shows. The commercial developers are also building plug and play office spaces to reduce the timelines required for smaller GCCs to set up their offices. The next phase of growth will pan out depending on how govt policy, developers and GCCs translate the opportunity into execution led outcomes, CBRE observed in a report.Several GCCs are opting for flexible offices for nearly 10% of their total workforce leading to a cost effective and nimble approach to seat their workforce, as per a joint report by Zinnov and AwfisManish Jain, President, Credai Pune, said that public infrastructure in Pune has to improve going forward if the city has to further attract GCC investments.Maharashtra launched its GCC policy in 2025 aimed at creating 4 lakh new jobs in five years. It offers a rental subsidy to the GCCs capped at Rs 1-4 crore a year depending on location – metro or non metro cities. Under the policy, GCCs also get 20% capex subsidy between Rs 10-100 crore depending on scale of the GCC.Govt also offers 30% reimbursement on cost of green building certification and 25% subsidy for R&D centre cost. It has decided to allocate 10% land for GCC parks in new MIDC industrial areas.
