In the first half of 2023, Mumbai remained to be the most expensive city for rental office space in India, at a monthly rate of 111 Indian rupees per square feet. In the city of Hyderabad, the costs for office space rent remained stable at a much lower price than in Mumbai.
Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)*
Characteristic
Value in Indian rupees per square feet per month
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*H1 refers to the time period between January and June of the mentioned year.
One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of August 2023).
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Knight Frank (Knight Frank Research). (August 1, 2023). Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)* [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/
Knight Frank (Knight Frank Research). "Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)*." Chart. August 1, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/
Knight Frank (Knight Frank Research). (2023). Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)*. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/
Knight Frank (Knight Frank Research). "Rental Value of Office Spaces across India during 1st Half of 2023, by City (in Indian Rupees per Square Feet per Month)*." Statista, Statista Inc., 1 Aug 2023, https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/
Knight Frank (Knight Frank Research), Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)* Statista, https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/ (last visited August 24, 2024)
Rental value of office spaces across India during 1st half of 2023, by city (in Indian rupees per square feet per month)* [Graph], Knight Frank (Knight Frank Research), August 1, 2023. [Online]. Available: https://www.statista.com/statistics/1037221/india-office-space-rental-values-by-city/