The office rental Insight is a quick guide for Grade A office rental values, absorption, new supply and vacancy trends in major cities in India. You can download your city’s document by clicking on the links provided below.
The office rental Insight is a quick guide for Grade A office rental values, absorption, new supply and vacancy trends in major cities in India. You can download your city’s document by clicking on the links provided below.
The office rental Insight is a quick guide for Grade A office rental values, absorption, new supply and vacancy trends in major cities in India. You can download your city’s document by clicking on the links provided below.
%Change (Q-o-Q) | (Y-o-Y) CBD* 90 - 120 1.5 - 2.0 -2% -13% East Kolkata ** 70 - 80 1.2 - 1.3 0% -6% Salt Lake - Sector V 43 - 50 0.7 - 0.8 -3% -5% New Town, Rajarhat 34 - 36 0.6 - 0.6 -1% -4%
Client Building Name Area (Sq.Ft) Location Transaction Type HDFC BIPL 37,000 Sector V Lease KPMG Godrej Waterside 30,000 Sector V Lease BMA Wealth Globsyn 22,000 Sector V Sale Lafarge Cement DLF-IT Park1 16,900 New Town Lease OTIS BIPL 9,000 Sector V Lease IKF Technology BIPL 7,600 Sector V Lease OFFICE RENTAL INSIGHT GRADE A RENTAL VALUES Average Rental Trend for Grade A properties Supply, Absorption & Vacancy Trends For Research related queries, contact: Swapan Dutta Surabhi Arora | Associate Director | Research swapan.dutta@colliers.com | 084 - 20040380 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 | KOLKATA | JULY 2014 MARKET TRANSACTIONS Note: 1 US$= INR 59.76 (Average: 01st Apr -30th Jun,2014) Above graph represents both Non IT and IT Grade A properties Copyright 2014 - 2015. All Rights Reserved. Note: Above table represents indicative transactions concluded during 2Q2014 Above graph represent rental trends of Grade A IT/ITeS building * Park Street, Camac Street, Chowranghee Rd and AJC Bose Rd **EM Bypass, Topsia and Ruby 20 40 60 80 100 120 2008 2009 2010 2011 2012 2013 2014F 2015F Average Rental Trends (INR Per Sq Ft Per Month) Forecast 0% 5% 10% 15% 20% 25% 30% 0 1 2 3 4 5 New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %) 2008 2009 2010 2011 2012 2013 2014F 2015F