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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Cushman & Wakefield. (April 16, 2024). Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket [Graph]. In Statista. Retrieved November 21, 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 November 21, 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: November 21, 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 November 21, 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/