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India Rises Above Global Slump in Office Rentals: Report
The Daily Guardian
|April 14, 2025
Despite persistent global headwinds in rental and leasing activity, Indian cities have outpaced the major global centers, with the top seven hubs witnessing a growth of 4 to 8 percent, according to a report by real estate services firm Vestian.
According to the report, rental growth in India's national capital Delhi registered an uptick of 8.2 percent, while financial capital Mumbai saw rental growth of 6.7 percent.
In stark contrast to major global cities like New York, Seattle, Boston, Hong Kong, and Shanghai, which have witnessed rental declines over the last five years, India witnessed a steady upward movement.
This story is from the April 14, 2025 edition of The Daily Guardian.
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