Micro Market INR | US $

(Rents Per Sq.Ft/Month)

% Change
(Q-o-Q) | (Y-o-Y)
CBD 226 - 260 3.8 - 4.4 0% 0%
BKC 226 - 320 3.8 - 5.4 0% 0%
Worli/Prabhadevi 176 - 225 2.9 - 3.8 0% 0%
Kalina 175 - 211 2.9 - 3.5 0% 0%
Lower Parel 141 - 180 2.4 - 3.0 0% 0%
Powai 101 - 120 1.7 - 2.0 0% 0%
Andheri East 91 - 125 1.5 - 2.1 0% 0%
Goregaon / JVLR 81 - 110 1.4 - 1.8 0% 1%
Malad 81 - 90 1.4 - 1.5 0% 1%
Navi Mumbai 56 - 75 0.9 - 1.3 0% 1%
Thane/ LBS 51 - 100 0.9 - 1.7 0% 1%
Client Building
Name
Area
(Sq.Ft)
Location Transaction
Type
Pfzer The Capital 90,000 BKC Lease
Pearl Academy S M Centre 70,000 Andheri East Lease
ICICI Lombard
Vishwaroop IT
Park
55,000 Navi Mumbai Lease
HPCL
Marathon
Futurex
51,000 Lower Parel Sale
Halliburton
Oberoi Com-
merz
31,000 Goregaon East Lease
Panaromic
Universal
The Ruby 25,000 Dadar Lease
OFFICE RENTAL INSIGHT
GRADE A RENTAL VALUES
Average Rental Trends for Grade A Properties
Supply, Absorptionn and Vacancy Trends
For Ofce Services related queries, contact: For Research related queries contact:
George McKay | South Asia Director | Ofce & Integrated Services Vikas Kalia | National Director | Ofce Services 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 | JULY 2014
MARKET TRANSACTIONS
Note: 1 US$= INR 59.76 (Average: 01st Apr -30th Jun, 2014)
Above table represents indicative transactions during 2Q 2014.
Copyright 2014 - 2015. All Rights Reserved.
0%
3%
6%
9%
12%
15%
18%
21%
0
2
4
6
8
10
12
14
16
New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %)
2008 2009 2010 2011 2012 2013 2014F 2015F
40
80
120
160
200
240
280
2008 2009 2010 2011 2012 2013 2014F 2015F
Average Rental Trends (INR Per Sq Ft Per Month)
Forecast