Grade A offices

Business

Pune, Mumbai See Major Hikes as Office Rentals Surpass 2019 Levels

For the first time in 2024, average office rents across India’s six largest cities have exceeded pre-pandemic levels, according to a report released on Wednesday by Colliers India, a real estate advisory firm. Nationwide, average office rents have risen from Rs 99.5 per square foot in 2019 to Rs 101.3 per square foot in 2024. This marks a significant recovery…