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.

1. Micro Market INR | US $
(Rents Per Sq.Ft/Month)
%Change
(Q-o-Q) | (Y-o-Y)
Baner 45 - 55 0.7 - 0.9 0% 0%
Bund Garden 50 - 65 0.8 - 1.1 0% -12%
Airport Road 42 - 63 0.7 - 1.0 3% -2%
Aundh 45 - 60 0.7 - 1.0 0% 9%
Senapati Bapat Road 55 - 85 0.9 - 1.4 0% -10%
Bavdhan 35 - 45 0.6 - 0.7 0% -2%
Kalyani Nagar 45 - 60 0.7 - 1.0 0% 0%
Nagar Road 40 - 60 0.6 - 1.0 0% 11%
Hinjewadi 32 - 45 0.5 - 0.7 3% 7%
Hadapsar/Fursungi 33 - 50 0.5 - 0.8 4% 8%
Kharadi 32 - 65 0.5 - 1.1 0% 18%
Client Building Name Area (in
Sq.Ft)
Location Lease/
Sale
Emerson India Vascon Matrix 30,000 Wakdewadi Lease
BMC Business Bay 251,000 Yerwada Lease
Compucom
Software
S P Infocity 45,000 Phursungi Lease
Fundtech AG Trade Center 87,000 Bavhdan Lease
Gallaghar Giga Space Delta 2 34,900 Viman Nagar Lease
Yardi Vascon Matrix 44,000 Wakdewadi Lease
OFFICE RENTAL INSIGHT
GRADE A RENTAL VALUES
Average Rental Trend for Grade A properties
Supply, Absorption & Vacancy Trends
For research related queries, contact:
Rishav Vij Surabhi Arora | Associate Director | Research
rishav.vij@colliers.com | 020 - 41206438 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 | PUNE | APRIL 2014
MARKET TRANSACTIONS
Note: 1 US$= INR 61.72 (Average: 1st Jan - 31st Mar,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 1Q2014
0%
5%
10%
15%
20%
25%
30%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %)
2008 2009 2010 2011 2012 2013 2014F 2015F
0
10
20
30
40
50
60
70
2008 2009 2010 2011 2012 2013 2014F 2015F
Average Rental Trends (INR Per Sq Ft Per Month)
Forecast
Above table represents rental range of Grade A IT/ITeS building only
Above graph represent rental trends of Grade A IT/ITeS building only