Delhi-NCR emerges as 5th most expensive office space rental market in APAC

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Delhi-NCR emerges as 5th most expensive office space rental market in APAC - Business Standard

Quick Summary:

Despite a challenging global economic backdrop, prime office rents have remained remarkably stable.

With a pro-business leadership set to continue at the helm of the government for a renewed term of five years, the Indian office space market looks on course to conclude 2024 on a new high.

Mumbai's office leasing market demonstrated remarkable growth, with around 3.0 mn sq ft leased, marking a 183.1% year-on-year (YoY) increase.