Average rent of key IT markets in India 2022, by city

Published by Sandhya Keelery, Aug 30, 2024
Cyber City in Delhi National Capital Region has the highest rental cost of 113 Indian rupees per square foot per month amongst all the major IT markets of India. Navi Mumbai has the most price-effective rental IT market in India beneficial for cost-conscious occupiers.

Average rent of key IT markets in India in 2022, by city (in Indian rupees per square foot per month)

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Release date

June 2022

Region

India

Survey time period

as of March 2022

Special properties

Average asking rent for majority Grade-A buildings.

Supplementary notes

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

NCR comprises of National Capital Territory of Delhi and the districts of three neighboring states of Rajasthan, Haryana, and Uttar Pradesh.

Grade A office buildings are new or newly renovated and well managed properties with good access.

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