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India offers unique cost structure for office fit-outs in Asia Pacific: Report
The Political and Business Daily
|May 16, 2025
INDIA presents a unique cost structure for office fit-outs compared to the broader Asia-Pacific region, a report said on Thursday.
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Builders’ works account for 32 per cent of fit-out costs in India, significantly lower than the 41 per cent average in the Asia-Pacific region - reflecting India's competitive labour market, according to a JLL report.
Mechanical and electrical services, including heating, ventilation, and air conditioning (HVAC), electrical, fire and UPS systems, account for 29 per cent of overall costs in India, surpassing the APAC average of 21 per cent.
This higher percentage suggests that landlord provisions in India may be less comprehensive, requiring tenants to invest more in these essential systems.
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