The Indian capital Delhi has moved two notches up and has re-entered the top 10 list of the world’s most expensive office market, while the financial capital Mumbai has slipped one notch down, even as globally demand for office space has been softening, says a report.

The Capital has moved up to the 10th slot, from the 12th position it held six months ago, whereas Mumbai dropped from the 6th slot to the 7th, says the semi-annual survey ‘Global Office Rents’, by real estate consultancy CB Richard Ellis.

While Mumbai commanded a rent of $121.11 per square feet, Delhi was lower at $ 88.92 per square feet as on September 30, 2009, says the report released today.

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Tags: delhi commercial property, Delhi property

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