Only Bengaluru office market among top cities that may see rents go up

In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020

Bengaluru is the only office market among the top cities in the country that is expected to see rise in rents next year. Mumbai and the Delhi-National Capital Region (NCR) are expected to remain stable in rental values, according to a report by Knight Frank.
 
“For the main office markets of the country, the positive trends are a draw-out of the encouragement received in the subsequent part of 2020 (July–September), which saw office space demand making a comeback, albeit still short of pre-Covid periods,” the report stated.
 
“Bengaluru, in particular, has the benefit of existing low vacancies that