{
  "url": "https://classa.info/cities/mumbai",
  "title": "Mumbai Class A Office Market",
  "description": "India's deepest premium office market.",
  "oneSentenceAnswer": "Mumbai Class A office rents around ₹320/sqft/mo · ≈ $46.1 PSF/yr USD, with 12.6% vacancy and 4 months of typical rent-free on a 5-year term.",
  "tldr": [
    "BKC has overtaken Nariman Point as the trophy anchor.",
    "Lower Parel / Worli holds the largest contiguous trophy floor plates.",
    "Lease lengths 5-9 years standard.",
    "Significant rent discount to international peers.",
    "ESG (LEED, IGBC, GRIHA) certification standard for new build."
  ],
  "keyFacts": {
    "city": "Mumbai",
    "country": "India",
    "region": "APAC",
    "classARentLocal": "₹320/sqft/mo · ≈ $46.1 PSF/yr USD",
    "classARentUsd": "$46.08/sqft/yr",
    "vacancyPct": "12.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 4,
    "submarkets": 4,
    "corporateTaxPct": "25.2%",
    "talentIndex": 60
  },
  "faqs": [],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/mumbai), updated 2026-04-15T00:00:00.000Z."
}