CommercialLatest Stories

Office Rentals in Top 7 Cities Jump 6% Yearly by 2025: Anarock

NEW DELHI: Office rental prices in the top seven cities increased by 6% year-over-year, rising from approximately ₹85 per sq ft in the first nine months of 2024 to around ₹90 per sq ft in the same period of 2025, per Anarock Research. Average vacancy rates experienced a slight decline of 3% annually, decreasing from 16.70% in the first nine months of 2024 to 16.20% in 2025. Chennai stands out with the lowest office vacancy rate among top cities at 8.90%. Office space absorption jumped 34%, increasing from about 31.31 million sq ft in 2024 to approximately 42 million sq…