Accenture, a global technology and consulting firm, has signed a long-term lease for over 600,000 sq ft of office space at Phoenix Millennium Towers in the Baner micro-market of Pune, Maharashtra. The lease, valued at more than ₹325 crore (approximately $39 million USD), spans over 15 years and will be executed in two phases, with the first phase costing ₹194.16 crore and the second phase ₹131.21 crore. This initiative is aimed at establishing a global capability centre (GCC) to enhance operational efficiency and consolidate existing teams into a single campus. The deal highlights the ongoing momentum in India's GCC ecosystem, as global companies seek to leverage cost efficiencies and access skilled talent. Despite geopolitical challenges and potential disruptions from AI advancements, India's office market continues to thrive, demonstrating robust demand for high-quality office spaces.