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Bengaluru's Whitefield least expensive tech hub globally

London's Shoreditch, San Francisco's Mid-Market most expensive office markets, says Knight Frank report

Whitefield, Bengaluru
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(Photo courtesy: Wikipedia)

Raghavendra Kamath Mumbai
Among 29 global tech hubs, Bengaluru’s Whitefield offered the lowest office rents for occupants, said a new study. Whitefield has a rent of $9.65 or Rs 633.52 per square feet.

London’s Shoreditch, which has a rent of $90.75 or Rs 5,957 per sq ft, and Mid-Market of San Francisco in the US, having a rent of $77 per sq ft, are the most expensive office markets in the world, Knight Frank said in its Global Cities Report.

Gurugram in the National Capital Region came at the 25th position with a rent of $20.40 or Rs 1,339 per sq ft. It