Hyderabad, Chennai and Pune with lowest office occupancy cost

Q: Hey heard that Hyderabad, Chennai and Pune are among the top five cities in the world with the lowest office occupancy cost. Kindly discuss on this news.

Dhananjay, Hyderabad

7th March 2014

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Replies (2)

Guys Rentals in most Indian cities have increased in the last one year, but Chennai, Hyderabad and Pune have seen only marginal increases in rentals. Heard that the new outsourcing business is coming into the country and is being helped by the fact that in dollar terms, setting up an office in India is cheaper today for international companies.

Gurmeet,

7th March 2014

Comment

Hello Dhananjay, the total occupancy cost per workstation per annum in Chennai is down 12%,it is down 15% in Hyderabad and 11% in Pune in a year ago.

Himani,

7th March 2014

Comment

The total occupancy cost includes real estate price, infrastructure and efficiency of buildings, but does not include cost of manpower. Costs have come down because of depreciation in the rupee and a marginal increase in rentals over the last 12 months.

Pranab Malakar,

7th March 2014