However, Pune and Delhi-NCR saw vacancy rates increase by over 100 basis points quarter-on-quarter, driven by a surge in new office completions in these markets, according to a recent report by real estate consultancy firm Colliers.
According to a report from the Kabul-based online news agency Khaama Press, the rental rates are set at Rs 7 lakh per month for 20 buildings from the Communication and Works Department and Rs 1.35 lakh monthly for 17 properties spanning 450 acres from the Forest Department.
Connaught Place in Delhi-NCR marked a 33 per cent year-on-year growth in rental rates for high street retail space, the highest amongst the tier 1 cities. Delhi's Connaught Place was followed by two high streets in Bengaluru -- Hennur Main Road and Commercial Street with 20 per cent and 17 p