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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Vacany rate
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Cushman & Wakefield. (April 16, 2024). Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/
Cushman & Wakefield. "Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket." Chart. April 16, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/
Cushman & Wakefield. (2024). Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/
Cushman & Wakefield. "Office Space Vacancy Rate in Mumbai in India in First Quarter 2024, by Submarket." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/
Cushman & Wakefield, Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket Statista, https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/ (last visited July 22, 2024)
Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket [Graph], Cushman & Wakefield, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/