Headline Class A rent in Bangalore is around 110 INR/sqft/yr ($1 USD), with 6 months of typical rent-free on a 9-year term.

  • Headline Class A rent: 110 INR/sqft/yr ($1 USD).
  • Trophy submarket rents (Outer Ring Road (ORR)) push to roughly ₹130/sqft/mo · ≈ $18.7 PSF/yr USD.
  • Typical concessions on a 9-year deal: 6 months free rent.
  • Vacancy stands at 14.2% — market trend is rising.
  • Use effective rent (face minus PV of concessions), not headline, to compare deals.

Bangalore Class A office rents and incentives

Headline Class A rent in Bangalore is around 110 INR/sqft/yr ($1 USD), with 6 months of typical rent-free on a 9-year term.

TL;DR

  • Headline Class A rent: 110 INR/sqft/yr ($1 USD).
  • Trophy submarket rents (Outer Ring Road (ORR)) push to roughly ₹130/sqft/mo · ≈ $18.7 PSF/yr USD.
  • Typical concessions on a 9-year deal: 6 months free rent.
  • Vacancy stands at 14.2% — market trend is rising.
  • Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Bangalore are quoted in INR per sqft per year. Across the broad Class A index the figure is 110, but the trophy tier in Outer Ring Road (ORR) reaches roughly ₹130/sqft/mo · ≈ $18.7 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Bangalore concessions on a 9-year Class A lease run to 6 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 22% base corporate income tax plus surcharges and cess for an effective rate of 25.17%. New manufacturing companies eligible for 15% concessional rate. SEZ benefits available in selected GCC parks.

Where rents land by submarket

Outer Ring Road (ORR) sits at the top end (~₹130/sqft/mo · ≈ $18.7 PSF/yr USD). Whitefield clears around ₹95/sqft/mo · ≈ $13.7 PSF/yr USD as the prime tier. Electronic City represents the value end at ~₹70/sqft/mo · ≈ $10.1 PSF/yr USD. The full submarket map is on the Bangalore city page.

Key facts

cityBangalore
countryIndia
regionAPAC
classARentLocal110 INR/sqft/yr
classARentUsd$1/sqft/yr
vacancy14.2%
typicalLeaseYears9
typicalRentFreeMonths6
submarkets5
primeYieldPct8.5%
trophyRent₹130/sqft/mo · ≈ $18.7 PSF/yr USD
primeRent₹95/sqft/mo · ≈ $13.7 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Bangalore?
Around 110 INR/sqft/yr ($1 USD) across the broader Class A index. Trophy submarkets like Outer Ring Road (ORR) command 20–40% above that.
How many months of rent-free are normal in Bangalore?
6 months on a 9-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Bangalore?
The Bangalore Class A market is currently rising. Vacancy is 14.2%, which sets the negotiating context.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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