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Bangalore, India

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Sites N Services Pvt Ltd.
Last Updated: 7-Jan-2009
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* Click on each category for a detailed definition.

RENT/SF/MONTH RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) INR 70.00 INR 90.00 INR 74.00 $ 18.67 $ 24.00 $ 1.64 6.0% 10.0%
Class A (Prime) INR 60.00 INR 90.00 INR 68.50 $ 16.00 $ 24.00 $ 1.52 5.0% 9.0%
Class B (Secondary) INR 40.00 INR 75.00 INR 48.00 $ 10.67 $ 20.00 $ 1.07 5.0% 9.0%
 
Suburban Office
New Construction (AAA) INR 60.00 INR 80.00 INR 55.00 $ 16.00 $ 21.33 $ 1.22 7.0% 11.0%
Class A (Prime) INR 40.00 INR 90.00 INR 45.00 $ 10.67 $ 24.00 $ 1.00 5.0% 9.0%
Class B (Secondary) INR 25.00 INR 45.00 INR 32.50 $ 6.67 $ 12.00 $ .72 7.0% 9.0%
 
Industrial
Bulk Warehouse INR 10.00 INR 15.00 INR 17.50 $ 2.67 $ 4.00 $ .39 4.0% 12.0%
Manufacturing INR 15.00 INR 20.00 INR 17.50 $ 4.00 $ 5.33 $ .39 4.0% 11.0%
High Tech / R&D INR 20.00 INR 30.00 INR 35.00 $ 5.33 $ 8.00 $ .78 4.0% 11.0%
 
Retail
Downtown INR 250.00 INR 350.00 INR 185.00 $ 66.67 $ 93.33 $ 4.11 8.0% 10.0%
Neigborhood Service Centers INR 125.00 INR 175.00 INR 112.50 $ 33.33 $ 46.67 $ 2.50 N/A N/A
Community Power Center N/A N/A N/A N/A N/A N/A N/A N/A
Regional Malls INR 100.00 INR 200.00 INR 160.00 $ 26.67 $ 53.33 $ 3.56 5.0% 12.0%

Development Land Low/SF High/SF Low/SF High/SF
Office in CBD INR 8,000.00 INR 16,000.00 $ 177.78 $ 355.56
Land in Office Parks INR 4,500.00 INR 8,500.00 $ 100.00 $ 188.89
Land in Industrial Parks INR 2,500.00 INR 4,500.00 $ 55.56 $ 100.00
Office/Industrial Land - Non-park INR 2,250.00 INR 4,500.00 $ 50.00 $ 100.00
Retail/Commercial Land INR 7,000.00 INR 12,000.00 $ 155.56 $ 266.67
Residential INR 2,000.00 INR 20,000.00 $ 44.44 $ 444.44

Conversion 45INR = 1 US$


 

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