Indian office markets continue to be amongst the most affordable and attractive in the world for occupiers as occupancy costs per workstation are one of the lowest, reports ET.
Hong Kong is the most expensive office space location globally in terms of workstation costs of $27,431 per annum. Mumbai with its space in Bandra-Kurla Complex (BKC) ranks 163.
According to the data for 215 global office markets, Delhi-NCR ranks at 84, Bangalore at 213 and Hyderabad at 214, indicating globally competitive pricing with regard to the talent available.
In India, Delhi–NCR has emerged as the most expensive office location costing nearly Rs 430/sq ft a month per workstation.
Rest of the Indian office markets ranked below the 100th position, making them some of the most affordable globally.
Sorce: Economics Times