Tag Archives: Office Rents

Prime office markets’ rentals soar as vacancy rates drop

Robust demand from occupiers and limited supply of grade A offices have continued to push rentals in prime Indian office space markets including Mumbai’s Bandra-Kurla Complex, Connaught Place in New Delhi and Bengaluru’s MG Road. In terms of rental growth, Connaught Place with 10% year-on-year rise is second only to Hong Kong, followed by Tokyo… Read More »

Bengaluru’s Carlton Towers cuts rent

The Carlton Towers, Bengaluru has become one of the city’s cheapest office complexes owing to an accidental fire that claimed nine lives in February six years ago. This tragic fire has left the 7-storey building without takers all these years. Out of 104 units, only 14 are occupied in Carlton Towers now. The Carlton Towers… Read More »