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Rent for office spaces in Bengaluru in India during first quarter of 2024, by sub-market (in Indian rupees per square foot per month)

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Source

Release date

April 2024

Region

India

Survey time period

Q1 2024

Special properties

data pertains to Grade A office buildings.

Supplementary notes

*CBD includes MG road, Richmond road, Infantry road, Cunningham road, Sankey road, Palace road,and Vittal Mallaya road.

SBD 1 includes Koramangala, CV Raman Nagar, IRR, Indiranagar, Old Airport road, Old Madras Road, Rajajinagar and others.

Outer Ring Road stretches from Silk Board to Hebbal.

SBD 2 includes Bannerghatta Road, JP Nagar,Jayanagar, Banashankar.

PBD includes Mysore road and Sarjapur Road.

One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of June 2024).

Citation formats

Office rental value in Bengaluru in India Q1 2024, by sub-market

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 2, 2024
In the first quarter of 2024, the central business district (CBD) was the most expensive area for renting office space in the Indian state of Bengaluru, with a rental rate of Indian rupees per square foot per month. Electronic city offered office space at the lowest rate of **** rupees per square foot per month, among all sub-markets of Bengaluru. The average rent for Bengaluru office market space was **** rupees per square foot per month.
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