{"id":850,"date":"2016-11-15T11:54:59","date_gmt":"2016-11-15T06:24:59","guid":{"rendered":"http:\/\/www.propstack.com\/news\/?p=850"},"modified":"2016-11-15T11:54:59","modified_gmt":"2016-11-15T06:24:59","slug":"lack-of-quality-spaces-driving-up-office-rentals-in-delhi-mumbai-and-bengaluru","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/lack-of-quality-spaces-driving-up-office-rentals-in-delhi-mumbai-and-bengaluru\/","title":{"rendered":"Lack of quality spaces driving up office rentals in Delhi, Mumbai and Bengaluru"},"content":{"rendered":"<p class=\"S3l\">Office rentals are rising in India\u2019s top three cities as premium buildings run out of space due to rising demand and the lack of fresh supply of quality spaces.\u00a0Most premium office buildings in Mumbai, Delhi and the National Capital Region (NCR), and Bengaluru are fully leased out, while a few of them have vacancies of 2-5%.\u00a0In Mumbai\u2019s financial hub of Bandra Kurla Complex (BKC), prime office buildings such as One BKC, The Capital, Trade Centre and Platina are 90-100% leased out, company executives and property advisors said. Cybercity and Two Horizon Center, DLF\u2019s office space buildings in Gurgaon are 95% occupied, an executive at the developer said, asking not to be identified.<\/p>\n<p class=\"S3l\">Read more: <a href=\"http:\/\/www.livemint.com\/Companies\/udv9IylCmGbHl8cMdV6yYL\/Lack-of-quality-spaces-driving-up-office-rentals-in-Delhi-M.html\" target=\"_blank\">Livemint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Office rentals are rising in India\u2019s top three cities as premium buildings run out of space due to rising demand and the lack of fresh supply of quality spaces.\u00a0Most premium office buildings in Mumbai, Delhi and the National Capital Region (NCR), and Bengaluru are fully leased out, while a few of them have vacancies of\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/lack-of-quality-spaces-driving-up-office-rentals-in-delhi-mumbai-and-bengaluru\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11],"tags":[98,113,104],"class_list":["post-850","post","type-post","status-publish","format-standard","hentry","category-city","category-others","tag-absorption","tag-office-rents","tag-office-space"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=850"}],"version-history":[{"count":1,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/850\/revisions"}],"predecessor-version":[{"id":851,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/850\/revisions\/851"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}