Commercial Property Rental Index

CRE Matrix, in collaboration with IIM Bangalore, is pleased to release the 4th Edition of the IIMB–CRE Matrix Commercial Property Rental Index (CPRI) Report – Q3 CY 2025. This edition captures the continued resilience of India’s Grade A/A+ office market, supported by stable rental growth across major commercial hubs. Pan-India (Tier 1 Cities) CPRI – Office – Grade A/A+ grew by 2.3% on a QoQ basis, 5.1% YoY, and recorded a robust 3-Year CAGR of 6.2%. Delhi led all cities this quarter with the highest 6.5% QoQ rental growth, while also delivering a strong 20.8% YoY increase. Gurugram continued its upward trajectory with 5.3% QoQ and 13.2% YoY growth. Mumbai, one of India’s most reliable office markets, posted 4.1% QoQ growth and retained the distinction of having the highest 3-Year CAGR at 9.4% among all Tier-1 cities.

CRE Matrix, in collaboration with CREDAI National, is pleased to present the India Office Report for Q3 CY’25, offering an in-depth analysis of India’s evolving commercial real estate landscape. India’s Grade A/A+ office stock has surpassed the 1 billion sq. ft milestone, reaffirming its position as one of the world’s largest office markets. Leasing momentum remained strong with 62.3 msf absorbed in the first nine months, including 19.6 msf in Q3 alone. As demand continued to outpace new supply, the demand-to-supply ratio reached 1.2x, driving vacancies to multi-quarter lows. Meanwhile, pan-India weighted average rentals climbed to ₹92.1 psf/month, reflecting robust occupier confidence. Download the full report for detailed insights into India’s office market performance and emerging trends.

CRE Matrix, in collaboration with IIM Bangalore, is proud to present the 3rd Edition of the IIMB–CRE Matrix Commercial Property Rental Index (CPRI) Report – October 2025. This edition reaffirms the steady momentum of India’s Grade A/A+ office market, led by consistent rental growth across top cities. Pan-India (Tier 1 Cities) CPRI–2025–Q2 – Office – Grade A/A+ recorded a 3-Year CAGR of 6.1% and Y-o-Y growth of 3.8%. Mumbai topped city-wise quarterly growth with a 3.6% QoQ rise, reinforcing its position as the country’s most consistent office market. Delhi led in annual growth with a 16.4% YoY increase, highlighting the premium commanded by limited Grade A supply. Gurugram followed closely, registering a 3.2% QoQ and 8.1% YoY rise.

CRE Matrix and Lighthouse Luxury proudly present the Bandra Bay Report – October 2025, a comprehensive analysis of Mumbai’s most iconic waterfront transformation. Spanning nearly 8 million sq. ft. of premium residential and retail development, Bandra Bay is envisioned as India’s “Marina Bay Moment” — a fusion of luxury living, infrastructure, and investment potential. Tap the download button below to explore the full report.

North India’s Brokerage Hotspots are here! These projects aren’t just launches - they’re the biggest brokerage earning opportunities right now. Download to explore the Top 10 projects.