Office rental value in Mumbai in India Q1 2022, by sub-market

Rent for office spaces in Mumbai in India during first quarter of 2022, by sub-market

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Release date

April 2022



Survey time period

Q1 2022

Special properties

data pertains to Grade A office buildings.

Supplementary notes

*Central business district includes Nariman point, Ballard estate, Cuffe Parade, Churchgate, Fort.

JVLR stands for Jogeshwari-Vikhroli Link road.

LBS stands for Lal Bahadur Shastri Marg.

Bandra Kurla complex, CBD, and Kalina reflect rents for non-IT developments.

Worli/Prabhadevi, Lower Parel, Goregaon/JVLR, Powai, LBS/Eastern Suburbs,Andheri East, Malad, Thane, and Navi Mumbai reflect rents for IT developments.

One Indian rupee is equal to 0.013 euros and 0.012 dollars (as of September 2022).

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