Market Report -- Delhi, Gurgaon, India

Market Research

Properties

Delhi, Gurgaon, India

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

Market Research provided by NAI Collaborators India
Last Updated: 22-Oct-2009

* Click on each category for a detailed definition.

	RENT/SF/YEAR			RENT/SF/YEAR
	Low	High	Effective Avg.	Low	High	Effective Avg.	Vacancy	Investment Yield
Downtown Office
New Construction (AAA)	$ 67.00	$ 73.00	N/A	$ 67.00	$ 73.00	N/A	25.0%	N/A
Class A (Prime)	$ 60.00	$ 80.00	N/A	$ 60.00	$ 80.00	N/A	10.0%	N/A
Class B (Secondary)	$ 25.00	$ 53.00	N/A	$ 25.00	$ 53.00	N/A	15.0%	N/A

Suburban Office
New Construction (AAA)	$ 29.00	$ 53.00	N/A	$ 29.00	$ 53.00	N/A	50.0%	N/A
Class A (Prime)	$ 40.00	$ 53.00	N/A	$ 40.00	$ 53.00	N/A	20.0%	N/A
Class B (Secondary)	$ 21.00	$ 33.00	N/A	$ 21.00	$ 33.00	N/A	50.0%	N/A

Industrial
Bulk Warehouse	$ 3.00	$ 5.00	N/A	$ 3.00	$ 5.00	N/A	50.0%	N/A
Manufacturing	$ 4.00	$ 12.00	N/A	$ 4.00	$ 12.00	N/A	40.0%	N/A
High Tech / R&D	$ 4.00	$ 12.00	N/A	$ 4.00	$ 12.00	N/A	40.0%	N/A

Retail
Downtown	$ 40.00	$ 160.00	N/A	$ 40.00	$ 160.00	N/A	20.0%	N/A
Neigborhood Service Centers	N/A	N/A	N/A	N/A	N/A	N/A	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	$ 13.00	$ 67.00	N/A	$ 13.00	$ 67.00	N/A	20.0%	N/A

Development Land	Low/Acre	High/Acre	Low/Acre	High/Acre
Office in CBD	$ 120.00	$ 180.00	$ 120.00	$ 180.00
Land in Office Parks	$ 7,000,000.00	$ 14,000,000.00	$ 7,000,000.00	$ 14,000,000.00
Land in Industrial Parks	$ 2,800,000.00	$ 8,400,000.00	$ 2,800,000.00	$ 8,400,000.00
Office/Industrial Land - Non-park	$ 1,100,000.00	$ 1,900,000.00	$ 1,100,000.00	$ 1,900,000.00
Retail/Commercial Land	$ 18,000,000.00	$ 19,000,000.00	$ 18,000,000.00	$ 19,000,000.00
Residential	$ 250,000.00	$ 800,000.00	$ 250,000.00	$ 800,000.00

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