Nariman Point & Fort is a established-tier Mumbai submarket with average asking rent around ₹250/sqft/mo · ≈ $36 PSF/yr USD.

  • Average asking rent: ₹250/sqft/mo · ≈ $36 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD ($46 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at established tier.

Nariman Point & Fort, Mumbai office rents and availability

Nariman Point & Fort is a established-tier Mumbai submarket with average asking rent around ₹250/sqft/mo · ≈ $36 PSF/yr USD.

TL;DR

  • Average asking rent: ₹250/sqft/mo · ≈ $36 PSF/yr USD.
  • Tier: established.
  • Citywide Class A rent context: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD ($46 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at established tier.

Where rent sits

Nariman Point & Fort averages around ₹250/sqft/mo · ≈ $36 PSF/yr USD for Class A, against a citywide Class A index of 320. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

The historic CBD. Banking, government, professional services.

Key facts

cityMumbai
submarketNariman Point & Fort
tierestablished
averageRentLocal₹250/sqft/mo · ≈ $36 PSF/yr USD
cityClassARentUsd$46/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What is the average Class A rent in Nariman Point & Fort, Mumbai?
Around ₹250/sqft/mo · ≈ $36 PSF/yr USD. The citywide Class A index sits at ₹320/sqft/mo · ≈ $46.1 PSF/yr USD.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics