You just got a job offer. It's at a GCC in Whitefield or Gachibowli. You've started looking at flats and the numbers are making you do a double-take. A 2BHK within 15 minutes of the office: ₹32,000. ₹38,000. ₹42,000 for anything with an AC and functioning plumbing. This isn't your imagination and it isn't broker inflation. There's a structural force driving rents up in these specific corridors — and understanding it tells you both why it's happening and where the alternatives are. What Is a GCC and Why India Now Has 1,700+ of Them Driving Rental Demand A Global Capability Centre (GCC) — also called a Global In-house Centre or offshore hub — is a fully owned subsidiary of a multinational company that handles strategic functions: technology development, R&D, financial analytics, AI and data engineering, product management. It's not a BPO or call centre. It's the company's actual engineering and innovation work, relocated to India. India now ho...
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