New Delhi, Oct. 30 -- Bengaluru, India's 'Startup City', is keeping pace with Tokyo in prime office rental growth, while Mumbai's commercial property market is witnessing a sharp revival in leasing activity, highlighting contrasting trends across the country's major business hubs.

According to Knight Frank's latest Asia-Pacific Research: Office Markets - Q3 2026 report, Bengaluru recorded an 11.5% year-on-year (YoY) increase in prime office rents during the July-September quarter, matching Tokyo's growth rate. Bengaluru ranked fourth among 24 Asia-Pacific markets, while Tokyo took the third position.

Mumbai, meanwhile, recorded a 33% YoY increase in office leasing transactions in Q3 2026. The city's year-to-date (YTD) leasing volumes ha...