Total occupancy cost for Grade A office space in Mumbai: $66.72 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Mumbai Office Cost Breakdown (USD/sqft/yr)
Rent: $41.74/sqft/yr
Service Charge: $6.9/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $12.0/sqft/yr
Facilities Management: $3.14/sqft/yr
Utilities: $2.16/sqft/yr
Reinstatement / Dilapidations: $0.0/sqft/yr
Total Occupancy Cost: $66.72/sqft/yr
Mumbai Serviced Office Costs
Serviced and flexible office space in Mumbai costs between $576.0 and $900.0 per person per month, with a mid-market rate of $803.0 per person per month.
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