Mumbai: JLL has appointed Nishant Kabra as Managing Director, Bengaluru, strengthening its leadership in India’s largest commercial real estate market and the country’s leading Global Capability Centre (GCC) hub. Kabra will oversee JLL’s operations across all business lines in Bengaluru while continuing in his existing role as Managing Director – Investment Sales and Debt Advisory for JLL India’s Capital Markets business.
With nearly two decades of experience in commercial real estate, Kabra brings expertise in market development, client relationships and business leadership. In his expanded role, he will spearhead JLL’s strategy in Bengaluru, a market that accounts for the largest Grade A office inventory in India and continues to attract significant demand from global occupiers and institutional investors.
The appointment comes at a time when Bengaluru remains India’s dominant office market, housing over 800 GCCs and recording robust leasing activity. According to JLL, the city accounted for 43.4 million sq. ft. of GCC leasing between 2022 and the first half of 2026, representing 38% of India’s total GCC space take-up during the period. Bengaluru also delivered 8.3 million sq. ft. of net office absorption in H1 2026, up 24.2% year-on-year, while maintaining a strong development pipeline with 18-19 million sq. ft. of new office supply expected by the end of the year.
Commenting on the appointment, Radha Dhir, Chief Executive Officer, India, JLL, said, “Bengaluru is India’s innovation epicentre and the largest office market, home to more than 800 GCCs. The city recorded leasing activity of 43.4 million sq. ft. by GCCs between 2022 and H1 2026—representing 38% of all GCC space take-up in India. Nishant’s appointment underscores our commitment to deepening our leadership in this growth market. His proven success leading our Capital Markets business is a key asset that will strengthen our institutional investor connect, aligning with our Accelerate 2030 strategy to empower our people and drive integrated success for clients. Nishant’s expertise and vision will be instrumental in helping our clients navigate Bengaluru’s dynamic landscape and capitalise on the extraordinary growth opportunities ahead.”
Nishant Kabra, Managing Director, Bengaluru, JLL, said, “Bengaluru stands at an inflection point where unprecedented demand from global firms meets a maturing, quality-focused market. I am excited to lead JLL’s efforts in helping clients make strategic decisions, whether securing premium space in supply-constrained submarkets or optimising portfolios for AI-driven transformation. The fundamentals here are exceptional, and I look forward to partnering with our clients as they scale operations in India’s most dynamic business hub, leveraging JLL’s integrated platform across leasing, capital markets, and advisory services to deliver strategic advantage.”
JLL noted that Bengaluru has emerged as India’s largest Grade A office market with an inventory of 243.7 million sq. ft. and has recorded cumulative gross leasing of 82 million sq. ft. between 2022 and H1 2026. The city also attracted 31.6% of all leasing by foreign occupiers in Q2 2026, while REIT-owned office assets account for over 40% of India’s total REIT-owned office market, underscoring sustained institutional investor confidence.
The consultancy said the market is witnessing a growing preference for premium office assets as occupiers optimise portfolios amid AI-led business transformation. With vacancy levels in key submarkets falling to single digits, JLL expects Kabra’s leadership to further strengthen its advisory capabilities and support clients navigating Bengaluru’s increasingly competitive commercial real estate landscape.
