Bengaluru office rents grow 11.5%, matching Tokyo in Q3 2026
In short
Bengaluru matched Tokyo with 11.5% annual growth in prime office rents in Q3 2026. Delhi-NCR rose 5.4%, and Mumbai gained 4%.
The numbers suggest office space is getting costlier in major Indian cities. The report does not say why rents are rising.
What the reporting says
Bengaluru matched Tokyo with 11.5% annual growth in prime office rents in Q3 2026, while Delhi-NCR rose 5.4% and Mumbai gained 4%, according to Knight Frank. The report highlights a broader rise in office rents across major Indian markets. The source does not say what caused the rent gains or whether the trend will continue.
Why it matters
Bengaluru matched Tokyo with 11.5% annual growth in prime office rents in Q3 2026, while Delhi-NCR and Mumbai recorded smaller gains of 5.4% and 4%, according to Knight Frank. The figures indicate firmer office property demand across key Indian markets. The source does not identify the tenants, landlords or sectors behind the increase.