Office rent rises by up to 8% in a year in Bengaluru, Mumbai, other cities2 min read . Updated: 03 May 2020, 04:31 PM IST
- According to the data, the weighted average rental values of the five cities moved moderately, on a year-on-year basis, in the range of 0-8 per cent
- The monthly average rent rose by 8 per cent in both Bengaluru and Hyderabad at ₹75.5 and ₹62 per sq ft, respectively
NEW DELHI : Office space demand fell 3 per cent during the first quarter of this calendar year but rents increased by up to 8 per cent across five major cities -- Bengaluru, Hyderabad, Chennai, Mumbai and Kolkata, according to US-based property consultant Vestian.
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