The office rental insight will provide you a quick update on the major trends of Office rentals, vacancy, new supply and market transaction in 2Q 2013.

1. Micro Market INR | US $
(Rentals per sq.ft/month)
%Change
(Q-o-Q) | (Y-o-Y)
CBD 80 - 100 1.4 - 1.8 0% 0%
Bannerghatta Road 50 - 60 0.9 - 1.1 8% 4%
Outer Ring Road 50 - 60 0.9 - 1.1 3% 1%
EPIP Zone/ White-
field
24 - 33 0.4 - 0.6 5% 4%
Electronic City 23 - 32 0.4 - 0.6 -7% 0%
Hosur Road 20 - 40 0.4 - 0.7 0% 0%
Client Building Name Area
(Sq.ft)
Location Transaction
Type
Accenture
Mantri Agara
Project
500,000 Jakkasandra Lease
JDA
Mantri Com-
mercio
289,000
Outer Ring
Road
Lease
Flipkart
Ashford Park
view
61,320 Koramangala Lease
Goldman Sachs
Salarpuria GR
Tech Park
36,721 Whitefield Lease
Repucom
Prestige Shan-
tiniketan
40,000 Whitefield Lease
T P Vision
Manyata Em-
bassy Business
Park
45,000
Outer Ring
Road
Lease
OFFICE RENTAL INSIGHT
GRADE A RENTAL VALUES
AVERAGE RENTAL TREND- GRADE A BUILDINGS
OFFICE SUPPLY, ABSORPTION & VACANCY RATE
For Office Services related queries, please contact: For more information and research related queries, please contact:
Yogesh Bheemaiah | Director | Office Services Surabhi Arora | Associate Director | Research
yogesh.bheemaiah@colliers.com | 080 - 40795500 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 | BENGALURU (BANGALORE) | JULY 2013
MARKET TRANSACTIONS
Note: 1 US$= INR 55.72 (Average: 1st April-30th June, 2013)
Above graph shows new supply, absorption, and vacancy in
both Non IT and IT Grade A properties
Above table represents indicative transactions during 2Q 2013.
Above rental trends indicates Non IT Grade A properties only
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2008 2009 2010 2011 2012 2013F 2014F
Average Rental Trends (INR Per Sq Ft Per Month)
Forecast
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New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %)
20092008 20122011 2013F2010 2014F