Micro Market INR | US $

(Rents Per Sq.Ft/Month)

% Change
(Q-o-Q) | (Y-o-Y)
CBD 226 - 260 3.7 - 4.2 0% 0%
BKC 226 - 320 3.7 - 5.2 0% 1%
Worli/Prabhadevi 176 - 225 2.9 - 3.6 0% 0%
Kalina 175 - 211 2.8 - 3.4 0% 0%
Lower Parel 141 - 180 2.3 - 2.9 0% 0%
Powai 101 - 120 1.6 - 1.9 0% 0%
Andheri East 91 - 125 1.5 - 2.0 0% 0%
Goregaon / JVLR 81 - 110 1.3 - 1.8 0% 1%
Malad 81 - 90 1.3 - 1.5 0% 1%
Navi Mumbai 56 - 75 0.9 - 1.2 0% 1%
Thane/ LBS 51 - 100 0.8 - 1.6 0% 1%
Client Building
Name
Area
(Sq.Ft)
Location Transaction
Type
Adcock Ingram Ithink 15,190 Thane Lease
Danone
Phoenix Market
City
18,000 Kurla (W) Lease
Locon Solu-
tions
Reliable Tech
Park
18,500 Airoli Lease
PWC BG House 12,000 Powai Lease
Regus Birla Aurora 12,000 Worli Lease
Siva Shipping
Peninsula Corp
Park
7,000
Lower Parel
(W)
Lease
OFFICE RENTAL INSIGHT
GRADE A RENTAL VALUES
Average Rental Trends for Grade A Properties
Supply, Absorptionn and Vacancy Trends
For research related queries contact:
George McKay Vikas Kalia Surabhi Arora | Associate Director | Research
george.mckay@colliers.com | 022 - 40504553 vikas.kalia@colliers.com | 0124 - 4567531 surabhi.arora@colliers.com | 0124 - 4567580

DISCLAIMER
This document has been prepared by Colliers International for general information only. Colliers International does not guarantee warrant or represent that the information contained in this
document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms,
conditions and warranties arising out of this document and excludes all liability for loss and damage arising directly or indirectly there-from.
INDIA | MUMBAI | APRIL 2014
MARKET TRANSACTIONS
Note: 1 US$= INR 61.72 (Average: 1st Jan - 31st Mar,2014)
Above table represents indicative transactions during 1Q 2014.
Copyright 2014 - 2015. All Rights Reserved.
0
30
60
90
120
150
180
210
240
2008 2009 2010 2011 2012 2013 2014F 2015F
Average Rental Trends (INR Per Sq Ft Per Month)
Forecast
-1%
2%
5%
8%
11%
14%
17%
20%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %)
2008 2009 2010 2011 2012 2013 2014F 2015F