Delhi, Mumbai, Bengaluru Lead Globally For The Most Office Yields, Reveals Nirmal Singh Lotus Green
Among the 34 leading international cities around the world, three metros of India, Delhi, Mumbai, and Bengaluru have earned the highest prime office yields. According to a recent report released by Knight Frank Global Cities on 28 th September, Bengaluru has been yielding more than 10% of prime offices with Delhi and Mumbai trailing closely at 9.2% and 8.5%, respectively. - Nirmal Singh Lotus Green A separate Tech District Index was also released with the Knight Frank’s report. According to TDI, Bengaluru’s Whitefield space is the cheapest at just $9 per square feet [Rs 590/sq. ft]. While Gurgaon’s Cyber City sits at #25 with office spaces going at $20.4 or Rs 1338 sq. ft, London’s Shoreditch still remains at #1 with holders coughing up more than $90 per square ft. Nirmal Singh Lotus Green revealed that this year, the Knight Frank took a detailed approach while compiling the list. A new section for rent/office space was also included in the report. When Mumbai sat at ...