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Hindustan Times-Average office rents surpass pre-pandemic levels across top six cities in 2024: Report

Average office rents across the top six cities in India have breached pre-pandemic levels for the first time in 2024, according to a report released by property consultancy Colliers on October 23.

 

The report highlighted that certain cities such as Hyderabad and Pune achieved pre-pandemic rental levels in 2022 itself and while Bengaluru and Chennai breached 2019 rental levels in 2023, Delhi-NCR and Mumbai completed the recovery cycle finally in 2024.

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