As of the first quarter of 2024, Lower parel had the highest vacancy rate of about **** percent in India. In comparison, the central business district (CBD) and powai submarkets of Mumbai had the lowest vacancy rate of *** among other submarkets of Mumbai.
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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 ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /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. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /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. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /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." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 16 Apr 2024, /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 ÌÇÐÄÆÆ½â°æ, /statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/ (last visited July 28, 2026)
Office space vacancy rate in Mumbai in India in first quarter 2024, by submarket [Graph], Cushman & Wakefield, April 16, 2024. [Online]. Available: /statistics/1324116/india-office-space-vacancy-rate-mumbai-sub-market/