Delhi-NCR ranks as the sixth most expensive office market in the Asia-Pacific region, with monthly rentals averaging ₹340 per sq ft, according to Knight Frank India's Q3 2024 report. Mumbai follows at eighth place with ₹317 per sq ft. While Delhi-NCR rents remained stable, Mumbai and Bengaluru saw year-on-year increases of 5% and 3%, respectively, driven by high corporate demand and limited supply. Hong Kong SAR retained its position as the most expensive office market in the region during the quarter.