
Indian Office Rents Soar While Global Markets Snore
Key Points
- India's office rental market is thriving, with Mumbai's rent...
While most global real estate markets are collectively hitting the snooze button, India's office rental scene is having its own caffeine-fueled party. The numbers don't lie - they're just showing off at this point.
Mumbai's Got Money Moves
Leading the pack with style, Mumbai's office rents jumped 6.7% to $1.6 per sq ft, while Delhi strutted close behind with an 8.2% surge to $0.9 per sq ft. Meanwhile, global heavyweights like New York, Shanghai, and Hong Kong are quietly sulking in their corners with declining rates.
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