Office rent in Bengaluru increased 12.1 percent year on year in July-September 2022 . Mumbai came in at the third position in the Asia-Pacific Prime Office Rental Index .
According to Knight Frank, office rent in Bengaluru increased 12.1 percent year on year in July-September 2022, the highest in the Asia Pacific region, according to property consultancy Knight Frank.Mumbai came in at the third position in the Asia-Pacific Prime Office Rental Index, with a 7.50 per cent increase, followed by Delhi-NCR, with a 3.9 per cent increase, and Seoul came in at the 14th position, with 2.4 per cent rise, while Perth continued to remain stagn However, the overall index has increased by 2.3 percent year on year, the fourth in a row, according to Knight Frank estimates.The rental market in Bengaluru, Mumbai, and Delhi-NCR remained stagnant compared to the April-June quarter.