At 9%, Bengaluru beats Delhi, Mumbai in prime office rental growth: Report

Thanks to start-up boom, the city saw highest annual growth in rental value

With a 9 per cent spike in rentals in second quarter (Q2) 2019, Bengaluru’s Central Business District (CBD) became the fastest growing prime office space in the country, and the fifth across the Asia-Pacific region. 

Bengaluru CBD saw the highest annual growth in rental values in India, with current rentals at Rs 125 per sq. ft per month, according to a survey conducted by Knight Frank.
 

The report said Bandra Kurla Complex (BKC) and Connaught Palace (CP), which make up the prime office markets in Mumbai and the National Capital Region (NCR), respectively, were ranked eighth and 12th at the end