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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-2010
Market Overview
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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 350.00 INR 375.00 INR 362.50 $ 94.92 $ 101.69 $ 8.19 6.0% 8.0%
Class A (Prime) INR 325.00 INR 350.00 INR 337.50 $ 88.14 $ 94.92 $ 7.63 5.0% 9.0%
Class B (Secondary) INR 160.00 INR 185.00 INR 172.50 $ 43.39 $ 50.17 $ 3.90 9.0% 9.0%
 
Suburban Office
New Construction (AAA) INR 80.00 INR 120.00 INR 115.00 $ 21.69 $ 32.54 $ 2.60 12.0% 8.0%
Class A (Prime) INR 55.00 INR 120.00 INR 87.50 $ 14.92 $ 32.54 $ 1.98 10.0% 8.5%
Class B (Secondary) INR 30.00 INR 65.00 INR 47.50 $ 8.14 $ 17.63 $ 1.07 15.0% 9.0%
 
Industrial
Bulk Warehouse INR 8.00 INR 20.00 INR 14.00 $ 2.17 $ 5.42 $ .32 20.0% 12.0%
Manufacturing INR 15.00 INR 40.00 INR 27.50 $ 4.07 $ 10.85 $ .62 25.0% .0%
High Tech / R&D INR 15.00 INR 45.00 INR 30.00 $ 4.07 $ 12.20 $ .68 25.0% .0%
 
Retail
Downtown INR 300.00 INR 900.00 INR 500.00 $ 81.36 $ 244.07 $ 11.30 17.0% 8.5%
Neigborhood Service Centers N/A N/A N/A N/A N/A N/A N/A .0%
Community Power Center N/A N/A N/A N/A N/A N/A N/A .0%
Regional Malls INR 150.00 INR 250.00 INR 150.00 $ 40.68 $ 67.80 $ 3.39 25.0% 9.5%

Development Land Low/Acre High/Acre Low/Acre High/Acre
Office in CBD INR 578.00 INR 889.00 $ 13.06 $ 20.09
Land in Office Parks INR 1,333,333.00 INR 2,222,222.00 $ 30,131.82 $ 50,219.71
Land in Industrial Parks INR 111,111.00 INR 3,333,333.00 $ 2,510.98 $ 75,329.56
Office/Industrial Land - Non-park INR 44,444.00 INR 111,111.00 $ 1,004.38 $ 2,510.98
Retail/Commercial Land INR 3,333,333.00 INR 21,111,111.00 $ 75,329.56 $ 477,087.25
Residential INR 22,222,222.00 INR 66,666,667.00 $ 502,197.11 $ 1,506,591.34

Conversion 44.25INR = 1 US$


Footnote: Development land rates for office in CBD is per Sq Ft. and other is per Acres
 

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