News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Markets »
 FM calms nerves, says no plan to tax market gains
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?

Mumbai is among top 5 expensive office markets in the world
November, 12th 2010

According to the global real estate consultant CB Richard Ellis, Amchi Mumbai is the fourth most expensive market for office space rentals in the world. It is also India's business capital.

Whereas, New Delhi which is capital city of India, is placed at the 11th spot in the list and is topped by London (West End), according to CBRE's semi-annual Global Office Rents survey.

"While the rankings of Mumbai and Delhi have not changed globally since May this year, what is notable is that rentals of prime office space have risen... as across most of the markets in the world," CB Richard Ellis (South Asia) Chairman and Managing Director Anshuman Magazine said.

Other places in the top five are Hong Kong (Central CBD) at the second spot followed by Tokyo (Inner Central). At the fifth position is Moscow.

The rankings are based on occupancy costs for prime office space in 175 cities worldwide. Occupancy costs represent rent, local taxes and service charges.

As per the survey, Mumbai has an occupancy cost per square feet per annum of $130.41 while that of New Delhi is $101.21.

The report noted that global rents have started to stabilise and so far, have seen a fall of 1.3 per cent from a year ago.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions