# Pune office lease norms

> Indian gross structure (rent inclusive of operating costs); CAM charged separately.

**Canonical URL:** https://classa.info/cities/pune/leasing-conventions
**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
- Typical lease length: 9 years.
- Typical rent-free: 6 months.
- Vacancy: 11.4%; trend rising.
- Indian gross structure (rent inclusive of operating costs); CAM charged separately.

## Key facts
- **city**: Pune
- **country**: India
- **region**: APAC
- **classARentLocal**: ₹170/sqft/mo · ≈ $24.5 PSF/yr USD
- **classARentUsd**: $24/sqft/yr
- **vacancy**: 11.4%
- **typicalLeaseYears**: 9
- **typicalRentFreeMonths**: 6
- **submarkets**: 5
- **primeYieldPct**: 7.4%

## FAQ
### What's a typical lease term in Pune?
9 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

### How is rent quoted in Pune?
In INR/sqft/year. We also publish a USD-normalised view ($24/sqft/yr) for cross-market comparison.

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