Airbnb leases 46,000 sq ft for GCC in DLF Cyber City Gurugram
Bengaluru: Airbnb Global Capability Center Pvt Ltd has leased 46,437 sq ft of office space at DLF Cyber City in Gurugram as demand for premium real estate in the Gulf Cooperation Council continues to be strong in India.
Airbnb will pay approximately monthly rent ₹61.53 lakh for a tenure of five years with a 5% annual rent increase, according to the lease document accessed by real estate data platform Propstack.
The company also paid a deposit. ₹5.54 crore for office space on the 21st floor (Tower A) in one of the country’s premier premium corporate and information technology hubs.
“Airbnb’s expansion in DLF Cyber City reflects the incredible momentum we are witnessing in India’s commercial real estate market,” said Raja Seetharaman, co-founder of Propstack. “Global Talent Centers (GCCs) have moved beyond simple back offices to become the primary engine driving world-class enterprise leasing. Technology leaders are committing to long-term, high-value leases on ₹130 per square meter proves that the appetite for high-end grade A infrastructure remains incredibly strong.”
Airbnb and DLF did not respond to questions by press time.
GCCs led the way in leasing office space in the January-March period, reaching a record 9.1 million sq ft, contributing 44% of the total absorption of 20.7 million sq ft, real estate consultancy CBRE India said in April. While demand was concentrated in key hubs such as Bengaluru, Delhi-National Capital Region and Mumbai, it was largely driven by Fortune 500 companies and US-based companies.
CBRE said the clear preference for green-certified, high-quality assets and the rise of mid-market and nano GCCs underscores the market’s evolving, innovation-led growth trajectory.
“The consistent preference for green-certified, amenity-rich locations signals that the ‘escape to quality’ is no longer a trend but a key expectation. We expect rental momentum to remain healthy through 2026 as occupiers embrace AI-ready workspace strategies and GCCs evolve into multi-functional innovation hubs,” said Ram Chandnani, Managing Director, Rental Services, CBRE India.
Airbnb CEO Brian Chesky said the company will continue to invest and play the “long game” in India, one of the fastest-growing global markets driven by the rising middle class and travel-hungry Generation Z, according to a recent PTI report.
The report stated that the company continues to invest in the region to appeal to its growing domestic traveler base, in line with its long-term vision for the Indian market.
