
Infrastructure renaissance to boost demand for premium offices in South Mumbai; Nariman Point set to reclaim its premier commercial hub status: Knight Frank India
South Mumbai projected to add 4-6 mn sq ft of mixed-use office space in the next 6-8 years
Nariman Point’s rents surged by 52% to INR 569 per sq ft from 2018 to H1 2024Mumbai, October 10, 2024:Knight Frank India's latest report, South Mumbai – A Renaissance, highlights how ongoing enhancements in transit-related infrastructure are expected to drive the revitalisation of South Mumbai. These infrastructure improvements are set to significantly increase the appeal of the area for both businesses and investors. Notably, office rentals in Nariman Point, one of the city's most iconic commercial districts, are projected to see a sharp rise. The report forecasts that top rentals in Nariman Point will increase from the current INR 569 per sq ft to INR 1,091 per sq ft by 2030, reflectin...






