Office space vacancy rate in Mumbai in India Q1 2024, by submarket

Published by Sandhya Keelery, Aug 30, 2024
As of the first quarter of 2024, Lower parel had the highest vacancy rate of about 35.9 percent in India. In comparison, the central business district (CBD) and powai submarkets of Mumbai had the lowest vacancy rate of 9.3 among other submarkets of Mumbai.

Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket

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Release date

April 2024

Region

India

Survey time period

Q1 2024

Supplementary notes

SBD-BKC stands for Bandra-Kurla Complex-Secondary Business District. CBD stands for Central Business District.

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