The office rental insight will provide you a quick update on the major trends of Office rentals, vacancy, new supply and market transaction in 2Q 2013.

1. Micro Market INR US $
(Rentals per sq.ft/month)
% Change
(Q-o-Q) (Y-o-Y)
DELHI
Connaught Place 326 - 380 5.9 - 6.8 -1% 1%
Nehru Place 180 - 192 3.2 - 3.4 0% 2%
Saket 166 - 185 3.0 - 3.3 3% 17%
Jasola 112 - 130 2.0 - 2.3 0% 1%
GURGAON
MG Road 100 - 140 1.79 - 2.51 0% 0%
Golf Course Road 80 - 115 1.44 - 2.06 0% -5%
Golf Course Ext./Sohna Rd 50 - 75 0.90 - 1.35 0% 0%
DLF Cyber City (IT) 75 - 78 1.35 - 1.40 2% 18%
Udyog Vihar/ Ind. Sectors 45 - 65 0.81 - 1.17 0% 5%
NOIDA
Commercial Sectors* 96 - 103 1.7 - 1.8 2% 2%
Institutional Sectors** 61 - 72 1.1 - 1.3 0% -6%
Industrial Sectors*** 23 - 32 0.4 - 0.6 0% -2%
Client Building Name Area
(Sq.ft)
Location Transaction
Type
Kotak Bank Ambadeep Building 35,000 Delhi Lease
Relaxo Footware Manglam Place 50,000 Delhi Lease
Convergys
Bestech Business
Towers
227,317 Gurgaon Lease
DuPont DLF Building No. 5 123,000 Gurgaon Lease
Haldiram Plot No. C - 31 50,000 NOIDA Lease
Samsung Engi-
neering
Individual Building 500,000 NOIDA Lease
OFFICE RENTAL INSIGHT
GRADE A RENTAL VALUES
AVERAGE RENTAL TREND- GRADE A BUILDINGS
OFFICE SUPPLY, ABSORPTION & VACANCY RATE
For Office Services related queries, please contact: For more information and research related queries, please contact:
Ajay Rakheja | Director | Office Services Surabhi Arora | Associate Director | Research
ajay.rakheja@colliers.com | 0124 - 4567500 surabhi.arora@colliers.com | 0124 - 4567580
DISCLAIMER
This document has been prepared by Colliers International for general information only. Colliers International does not guarantee warrant or represent that the information contained in this
document is correct. Any interested party should undertake their own enquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms,
conditions and warranties arising out of this document and excludes all liability for loss and damage arising directly or indirectly there-from.
INDIA | NCR | JULY 2013
MARKET TRANSACTIONS
Note: 1 US$= INR 55.72 (Average: 01st April-30th June,2013)
Above graph shows new supply, absorption, and vacancy in
both Non IT and IT Grade A properties
Above table represents indicative transactions during 2Q 2013.
Above rental trends indicates Non IT Grade A properties only
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* Sector 18
**Sector 16A, 62, 125-142
***Sector 124, 57-60, 63-75
0%
5%
10%
15%
20%
25%
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
New Supply (In Mln sqft) Absorption (In Mln sqft) Vacancy (In %)
2008 2009 2010 2011 2012 2013F 2014F
0
40
80
120
160
200
240
2008 2009 2010 2011 2012 2013F 2014F
Delhi Gurgaon NOIDA
Forecast