# Mumbai Class A vs Class B office

> Class B office in Mumbai typically trades 30–60% below Class A on rent, with materially higher vacancy and a much harder lease-up profile.

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

## TL;DR
- Class A asking: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD; Class B typically 30–60% below.
- Vacancy gap is structural — Class B carries the long tail.
- Repricing of Class B is the defining feature of post-2020 office markets.
- Conversion (residential / mixed-use) is now a real exit for Class B in many Mumbai submarkets.

## Key facts
- **city**: Mumbai
- **country**: India
- **region**: APAC
- **classARentLocal**: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD
- **classARentUsd**: $46/sqft/yr
- **vacancy**: 12.6%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 4
- **submarkets**: 4
- **primeYieldPct**: 7.5%

## FAQ
### How much cheaper is Class B than Class A in Mumbai?
Typically 30–60% on rent, with materially higher vacancy and weaker concessions. The gap has widened since 2020.

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