new delhi delhi premium office rental prices are seventh most expensive in the world and figures among the top 10 premium office rental spaces globally the top most expensive office rental spaces in the world as found by jll are hong kong at most expensive followed by london west end new york mid town beijing tokyo shanghai delhi san francisco london city and hong kong island eastmumbai on the same chart figures at 16 reports jones lang lasalle jll the premium office rent tracker port report based on 54 major office markets globally in 46 cities in a delhimumbai comparative study of premium office spaces the most expensive property of delhis centre business district trades at a rent of rs 430 per sqft per month the most expensive property of mumbai at bandrakurla complex trades at rs 340 per sqft per monthon an average the central business district rental of delhi comes at office rents worth rs245 sqft per month thrice the average office rental offerings of neighbouring gurgaon where office rents on an average is at rs76 per sqft per monththis is not a comparison of overall rents of mumbai and delhi but a comparison of two similar and expensive submarkets of each cities delhis central business district and mumbais bandrakurla complex delhi cbd scores high because it houses a good number of expensive buildings like dlf centre dlf capital point birla towers etc however its average rents are lower than bandrakurla average because of some cheap assets ramesh nair ceo country head jll india told toipremium office rents refer to the top achievable in units over 10000 square feet in the premium building in the premier office district of each city in tall buildings the middle zone is used as the benchmarkdelhis rents are higher than san francisco dubai and washington dc mumbai higher than los angeles singapore and paris mumbai falls among the top 20 most expensive locations in the world mumbai rentals are higher than cities like los angeles singapore paris seoul sydney frankfurt chicago and toronto nair addsin a recent report delhi was ranked 84th in terms of expensive office locations around the world todays report by jll is specifically based on premium office spaces and clearly shows delhi more expensive than mumbaithe report excludes rents that represent a premium level paid for a small quantity of space or highly prestigious units where a significant premium applies total occupancy costs are calculated by combining the net effective rent with additional costs such as service charges and taxes the regional average is calculated based on all the total occupancy costs for the 20 tracked markets in asia pacificjll finds that regionally cities across asiapacific are home to the worlds most expensive premium office space at an average of 111 per sqft per year which is higher than the americas at 85 psft per year and the emea region at 78 psft per year