Renting An Office In Mumbai Costs More Than One In London, Dubai

Posted By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Three Indian metros Bengaluru, Mumbai, and Delhi have earned the highest prime office yields among 34 leading international markets, a Knight Frank report said.

    The flagship global report reveals the trends shaping 40 leading international cities across the globe.

    Bengaluru

    Bengaluru

    Bengaluru topped the table with 10 per cent yields followed by Delhi at 9.20 per cent and Mumbai 8.50 per cent, the report said. Bengaluru's Whitefield is the most affordable technology district among 29 global tech hubs in the world, the report noted. Bengaluru emerged as the most valued destination on the Employment and Property Cost Index with total cost (salary and property) of $1,264,000, the report said. In terms of eating out spends, Bengaluru and Mumbai topped the chart among 10 future cities, and among the top five cities in terms of households with significant incomes.

    Delhi

    Delhi

    Ranking 25th on the Tech Districts Index, Gurugram's Cyber City at $20.40 per sq ft beat Madrid's Julian Camarillo area at $13.65 per sq ft and Kuala Lumpur's Cyberjaya Office Market $11.55 per sq ft in office rents, it further said. Established office markets such as Singapore and Kuala Lumpur, on the other hand, saw negative growth. Warning: These 8 Companies Are Cutting Jobs In India

    Mumbai

    Mumbai

    In the Skyscrapers Index, Mumbai ranks sixth in terms of growth in six months to the second quarter in 2017. "Prime office rents in the upper floors of high-rises in Mumbai see 1.8 per cent growth, among the top six international rent appreciating markets," the report said. The India's financial capital pipped iconic global destinations such as London, Hong Kong, Tokyo, and Dubai, it added. 10 Jobs That Are "In Demand" Around The World Right Now

    Goodreturns.in

    Read more about: bengaluru mumbai delhi
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more