# Mumbai Class A Office Market

> 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.

**Canonical URL:** https://classa.info/cities/mumbai
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## Key facts
- **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

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Citation: Source: Class A Atlas (https://classa.info/cities/mumbai), updated 2026-04-15T00:00:00.000Z.