Kolkata, Oct. 28 -- While the Indian residential market is seen to be stabilizing amid tapering sales and new supply, the commercial office real estate sector is growing steadily across the top 7 cities.
Latest ANAROCK research data reveals a 6 per cent yearly rise in monthly office rentals from approximately Rs 85 per sq. ft. in 9 months 2024 to about Rs 90 per sq. ft. in 2025.
Interestingly, despite increased new office completions in the top 7 cities, average vacancy levels saw a marginal 3 pc yearly decline from 16.70 pc in 9M 2024 to 16.20 pc in 9M 2025. Chennai is the only city to record single-digit office vacancy of 8.90 pc, the least among all top cities.
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