Mumbai, the Financial Capital of India has always been a favorite destination for big business conglomerates, MNCs and financial institutions and various other companies which accommodate high profile office space in India. The increasing demand and limited supply of office spaces have made it the most expensive office market in the country leaving behind many European countries.

The average per sq ft cost in Nariman Point and Bandra Kurla Complex (BKC) is 1.5 times higher than Manhattan. In fact Nariman Point is positioned at the fifth spot in the list of the world’s top ten most expensive office centers. The Bandra - Kurla Complex and Parel rentals have gone up from Rs 200 to Rs 400 per sq ft per month in the last one year. Shortage of premium commercial space and increase in demand has caused a sharp increase in the city by 20-30% over the last quarter.