Tag: Global Capability Center

CommercialLatest Stories

Airbnb Leases 46,437 Sq Ft Office in Gurugram’s DLF Cyber City

NEW DELHI: Airbnb Global Capability Center has secured a lease for 46,437 sq ft of office space in DLF Cyber City, Gurugram, from DLF Cyber City Developers, according to Propstack, a real estate data analytics firm. The leased area is situated on the 21st floor of Tower A in Building No. 5 of DLF Cybercity, covering a usable area of 32,506 sq ft. The lease, effective from October 1, 2025, has a duration of five years, with Airbnb agreeing to pay a rent of Rs 132.5 per sq ft monthly, totaling Rs 61.53 lakh each month. This results in an…

CommercialLatest Stories

DAMAC Group Launches New GCC in Noida, Plans Pune Facility

NEW DELHI: The UAE-based DAMAC Group has introduced its new global services division, DAMAC Shared Services India (DSSI), and set up a Global Capability Center (GCC) in Noida. Hussain Sajwani, the company’s founder, remarked, “We are dedicated to developing high-performing teams by 2026, providing superior services to advance DAMAC’s global goals.” The Noida GCC will employ over 250 individuals, with plans to establish another GCC in Pune by 2026, which will have more than 100 staff members. M.P. John, the company’s Chief Human Capital Officer, stated, “We are investing in India’s workforce capabilities and creating a services center that will…

CommercialLatest Stories

Eaton Technologies Secures 1.5 Lakh Sq Ft Lease in Pune

Representative image Eaton Technologies, the Indian subsidiary of global intelligent power management firm Eaton Corporation, has secured over 150,000 sq ft of office space in an IT park located in Pune’s Baner area through a 10-year long-term lease. The transaction is expected to incur an estimated rental expense exceeding Rs 250 crore for the duration of the lease, with an option to lease an additional 47,000 sq ft in the same complex. The company is set to establish its Global Capability Center (GCC) at this location. This deal aligns with the increasing trend of multinational corporations committing to large office…