{
  "url": "https://classa.info/cities/mumbai/industries/real-estate",
  "title": "Real estate and infrastructure office space in Mumbai",
  "description": "Where real estate and infrastructure occupiers cluster in Mumbai, what they pay, and what the typical fit-out looks like.",
  "oneSentenceAnswer": "Real estate and infrastructure occupiers in Mumbai typically cluster in Bandra-Kurla Complex (BKC), plan ~215 sqft per seat at high-end fit-out ($115–175/sqft), and pay around 320 INR/sqft ($46 USD) on Class A.",
  "tldr": [
    "Preferred submarket: Bandra-Kurla Complex (BKC).",
    "Typical fit-out spec: High-end ($115–175/sqft).",
    "Plan ~215 sqft per seat for headcount sizing.",
    "Class A rent context: 320 INR/sqft ($46 USD).",
    "Typical lease: 5 years with 4 months rent-free.",
    "Talent depth in Mumbai: 60/100."
  ],
  "keyFacts": {
    "city": "Mumbai",
    "industry": "Real estate and infrastructure",
    "naics": "531, 237",
    "preferredSubmarket": "Bandra-Kurla Complex (BKC)",
    "preferredFitoutSpec": "High-end",
    "fitoutBand": "$115–175/sqft",
    "sqftPerSeat": 215,
    "classARentLocal": "320 INR/sqft/yr",
    "classARentUsd": "$46/sqft/yr",
    "vacancyPct": "12.6%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 4,
    "talentIndex": 60,
    "corporateTaxPct": "25.2%"
  },
  "faqs": [
    {
      "question": "Where do real estate and infrastructure occupiers lease office space in Mumbai?",
      "answer": "Most cluster in Bandra-Kurla Complex (BKC). Rent runs ~320 INR/sqft ($46 USD) for trophy and prime stock."
    },
    {
      "question": "What fit-out spec do real estate and infrastructure occupiers run in Mumbai?",
      "answer": "Typically high-end at $115–175/sqft."
    },
    {
      "question": "How much office space per seat should a real estate and infrastructure occupier plan in Mumbai?",
      "answer": "Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft."
    },
    {
      "question": "What NAICS codes describe the real estate and infrastructure vertical?",
      "answer": "Representative NAICS 2022 codes: 531, 237."
    },
    {
      "question": "What is the talent index in Mumbai?",
      "answer": "60/100. Use the city profile for full detail."
    }
  ],
  "pageType": "city-industry",
  "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/industries/real-estate), updated 2026-04-15T00:00:00.000Z."
}