{"id":10476,"date":"2026-07-02T13:15:00","date_gmt":"2026-07-02T07:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/money\/?p=10476"},"modified":"2026-07-02T12:19:32","modified_gmt":"2026-07-02T06:49:32","slug":"merck-opens-new-gcc-in-electronic-city-to-house-3300-employees-how-will-it-impact-nearby-localities","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/money\/merck-opens-new-gcc-in-electronic-city-to-house-3300-employees-how-will-it-impact-nearby-localities\/","title":{"rendered":"Merck Opens New GCC in Electronic City to House 3,300 Employees: How Will It Impact Nearby Localities?"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Synopsis:<\/strong><em> Merck&#8217;s new Global Capability Centre in Electronic City will house around 3,300 tech and digital professionals. This large-scale facility will directly impact nearby areas through job creation, increased commercial leasing demand, and enhanced local infrastructure.<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>With the launch of its new AI and technology centre in Electronic City, Bengaluru has become a top Global Capability Centre (GCC) in India. With the addition of the new AI and technology centre in Electronic City, Bengaluru has become a top Global Capability Centre (GCC) in India. The relocation, apart from increasing the number of high-skilled jobs in the city, will further drive demand for housing, further solidifying Electronic City&#8217;s real estate growth, which will benefit some surrounding residential micro-markets in South Bengaluru.<\/p><div class=\"trade-content-3\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2037863401\"><a data-no-instant=\"1\" href=\"https:\/\/tradebrains.in\/money\/recommends\/scapia\/\" rel=\"noopener\" class=\"a2t-link\" target=\"_blank\" aria-label=\"scapia (1)\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1.jpg\" alt=\"scapia (1)\"  srcset=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1.jpg 1000w, https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1-980x980.jpg 980w, https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/12\/scapia-1-480x480.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1000px, 100vw\" width=\"350\" height=\"350\"  style=\"display: inline-block;\" \/><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-details-of-merck-s-new-global-capability-centre-gcc\" style=\"font-size:22px\"><strong>Key details of Merck&#8217;s New Global Capability Centre (GCC)<\/strong><\/h2>\n\n\n\n<p>The new Merck Global Capability Centre (MGCC) is built in the <strong>Electronic City Phase 1, Bengaluru<\/strong>, India which is one of the largest IT and innovation hubs of India.\u00a0The integrated campus covers <strong>17,000 square metres<\/strong> (approximately 1.83 lakh sq. ft.) and is one of Merck&#8217;s biggest technology campuses in the world.\u00a0The purpose is to house approximately <strong>3,300 employees<\/strong>, all Merck&#8217;s technology and shared services workforce in India under one roof.\u00a0The GCC will be supporting Merck&#8217;s global businesses in the following areas; Healthcare, Life Science and Electronics, and will have teams in the following: Artificial Intelligence (AI), Data &amp; Analytics, Cloud &amp; Digital Engineering, Cybersecurity, Enterprise Technology, Business Process Management and Digital Transformation.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-electronic-city-continues-to-attract-gccs\" style=\"font-size:22px\"><strong>Why Electronic city continues to attract GCCs<\/strong><\/h2>\n\n\n\n<p>Ecity is one of the oldest and the most established technology corridors in Bengaluru, and has more than 200 IT and technology firms.&nbsp; Major companies like Infosys, Wipro, TCS, Tech Mahindra, Siemens, HCLTech, Hewlett Packard Enterprise (HPE), DXC Technology, Capgemini and Bosch are based here.<\/p><div class=\"trade-in-content\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-650430997\"><script data-cfasync=\"false\" type=\"text\/javascript\" id=\"AdsCoreLoader101144\" src=\"https:\/\/sads.adsboosters.xyz\/fbda060f29d5b8e8c653abce4ac69b7b.js\"><\/script>\r\n\u00a0<div class=\"ads-core-ads\"><\/div><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Proximity to educational institutions and software developers: <\/strong>The region&#8217;s proximity to top educational institutions and the large number of skilled software developers and staff working in the Bengaluru region provide access to thousands of skilled engineers in fields like software engineering, AI, cloud computing, data analytics and R&amp;D.<\/li>\n\n\n\n<li><strong>Presence of Grade A office rentals:<\/strong> The office rents in Electronic City are<strong> 20-40% <\/strong>competitive, especially when compared to prime markets in Outer Ring Road (ORR) and Whitefield, which makes it an ideal choice for large office campuses in the GCC region and lowers operational costs.<\/li>\n\n\n\n<li><strong>Enhanced connectivity: <\/strong>The operational Yellow Line Metro, Elevated Expressway, NICE Road and direct access to Hosur Road have drastically cut down the travel time, thereby improving connectivity to Central Bengaluru and other IT hubs.<\/li>\n\n\n\n<li><strong>Large office supply<\/strong>: Electronic City remains a relatively unexplored market with spacious land parcels and modern office spaces at more affordable rates, which were appreciated by Merck, who have built their <strong>1.83 lakh sq. ft.<\/strong> campus for example.<\/li>\n\n\n\n<li><strong>Lower cost and expanding infrastructure:<\/strong> Electronic City is becoming a preferred destination for new technology, engineering and R&amp;D centres as it remains the lower cost place and has expanded its infrastructure in comparison to Bengaluru, the GCC capital, which has <strong>2,000+ Global Capability Centres.<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-property-prices-growth-in-electronic-city\" style=\"font-size:22px\"><strong>Property Prices growth in Electronic City<\/strong><\/h2>\n\n\n\n<p>Over the last several years, Electronic City has seen steady capital gains due to its connectivity with the metro, infrastructure development and steady demand from IT professionals and GCC working population.<\/p><div class=\"trade-content\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-212344916\"><div translate=\"no\" class='mailmunch-forms-widget-1169732'><\/div><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Average price of property:<\/strong> The price of the Residential property in Electronic City currently ranges from <strong>\u20b97,000\u2013\u20b98,500 per sq. ft.<\/strong> depending on the project, developer and location in the micro-market.<\/li>\n\n\n\n<li><strong>Steady price appreciation:<\/strong> Property values are up by around <strong>30-45% in the last 5 years <\/strong>and the locality has experienced healthy year on year gains with new residential launches as well as infrastructure projects gaining traction.<\/li>\n\n\n\n<li><strong>Rental market:<\/strong> Rentals for a 2 BHK apartment have increased to around <strong>\u20b925,000\u2013\u20b935,000 per month <\/strong>and premium gated communities have even higher rentals as there is high demand from professionals working in nearby tech parks.<\/li>\n\n\n\n<li><strong>Investment potential: <\/strong>The entry prices in Electronic City are still relatively low as compared to other established markets like Whitefield and Outer Ring Road and hence the potential for long-term capital appreciation is also greater as employment and commercial activities are growing.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Also read:<\/strong> <a href=\"https:\/\/tradebrains.in\/money\/odisha-to-get-8300-crore-coastal-highway-connecting-these-2-areas-heres-the-route-cost-benefits\/\" target=\"_blank\" rel=\"noreferrer noopener\">Odisha to Get \u20b98,300 Crore Coastal Highway Connecting These 2 Areas: Here&#8217;s the Route, Cost &amp; Benefits<\/a><\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-employment-amp-real-estate-impact\" style=\"font-size:22px\"><strong>Employment &amp; Real estate impact<\/strong><\/h2>\n\n\n\n<p>The new GCC can support approximately <strong>3,300 staff<\/strong> to fill highly skilled positions in areas such as AI, digital engineering, cloud, cybersecurity and business operations. This expansion will also create thousands of ancillary jobs in facility management, transport, retail, hospitality and other support areas. This expansion of workforce will likely lead to demand for rental housing to rise, especially in Electronic City, Neeladri Nagar, Bommasandra and surrounding micro-markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-infrastructure-driving-electronic-city-s-growth\" style=\"font-size:22px\"><strong>Infrastructure driving Electronic City&#8217;s growth<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Yellow Line Metro:<\/strong> This functioning metro line has enhanced connectivity between Electronic City, South Bengaluru and other key employment hubs, saving commuters a lot of time for their daily commuting.<\/li>\n\n\n\n<li><strong>Elevated Expressway &amp; Hosur Road:<\/strong> The 10 km Elevated Expressway and the improvement of Hosur Road are helping to alleviate traffic congestion and ensure quicker access to Central Bengaluru.<\/li>\n\n\n\n<li><strong>NICE Road Connectivity: <\/strong>NICE Road will have direct connectivity with Mysuru Road, Tumakuru Road, Kanakapura Road and other parts of the city.<\/li>\n\n\n\n<li><strong>Upcoming projects:<\/strong> Electronic City&#8217;s future plans involve further infrastructure enhancements, as well as new investments in the region by companies from the Gulf Cooperation Council, such as Merck&#8217;s as mentioned above, which will further bolster the city&#8217;s reputation as one of India&#8217;s growing technology and residential hubs.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\" style=\"font-size:22px\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The new Global Capability Centre is not just a corporate investment; it&#8217;s a testament to Electronic City&#8217;s position as a top destination in the GCC region of India. In addition to high skilled jobs, increasingly high demand for housing, and continued upgrading of infrastructure, the locality is going to see continued real estate growth, which is going to be positive for home buyers and long-term investors.<\/p><div class=\"trade-content-2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2033048043\"><a data-no-instant=\"1\" href=\"https:\/\/tradebrains.in\/get\/voltmoney\/\" rel=\"noopener\" class=\"a2t-link\" aria-label=\"LAMF3 300_250 (1)\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tradebrains-wp.s3.ap-south-1.amazonaws.com\/money\/wp-content\/uploads\/2025\/11\/LAMF3-300_250-1.png\" alt=\"\"  width=\"300\" height=\"250\"   \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Synopsis: Merck&#8217;s new Global Capability Centre in Electronic City will house around 3,300 tech and digital professionals. This large-scale facility will directly impact nearby areas through job creation, increased commercial leasing demand, and enhanced local infrastructure. With the launch of its new AI and technology centre in Electronic City, Bengaluru has become a top Global [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":10478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[8,14],"tags":[],"ppma_author":[2835],"class_list":["post-10476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","category-trending"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Merck Opens New GCC in Electronic City to House 3,300 Employees: How Will It Impact Nearby Localities?<\/title>\n<meta name=\"description\" content=\"Merck&#039;s new Global Capability Centre in Electronic City will house around 3,300 tech and digital professionals. 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