Occupancy · 03
City and micro-market
Occupancy is a portfolio number but it is decided street by street. A team looking in one micro-market will not take another, and an empty desk in the wrong one is not inventory, it is a cost line.
Micro-markets loaded
40
1,33,600 desks across 8 cities
Requirements unserved
7,043
Across all micro-markets
Weakest micro-market
74.3%
Connaught Place
Empty desks worth
₹35.9 cr
Illustrative, at list rate
Bengaluru, by micro-market
31 centres · 54,200 desks · 86.4% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| CBD | 4 | 8,150 | 87.6% | ₹24,800 | 299 | 136 | 61% |
| Indiranagar | 3 | 5,300 | 83.2% | ₹23,100 | 308 | 127 | 53% |
| Koramangala | 3 | 4,100 | 85.3% | ₹21,500 | 81 | 275 | 48% |
| HSR Layout | 3 | 5,500 | 88.5% | ₹19,200 | 114 | 212 | 47% |
| Outer Ring Road | 3 | 4,550 | 85.9% | ₹20,400 | 248 | 142 | 48% |
| Sarjapur Road | 3 | 3,750 | 84.7% | ₹18,100 | 165 | 160 | 40% |
| Whitefield | 3 | 5,000 | 88.6% | ₹17,600 | 114 | 179 | 52% |
| Hebbal | 3 | 4,950 | 86.9% | ₹19,800 | 320 | 229 | 43% |
| Yeshwanthpur | 3 | 6,300 | 85.0% | ₹16,900 | 31 | 102 | 40% |
| Electronic City | 3 | 6,600 | 83.3% | ₹15,800 | 164 | 166 | 57% |
Mumbai, by micro-market
12 centres · 21,400 desks · 84.1% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| Bandra Kurla Complex | 2 | 4,150 | 83.3% | ₹32,400 | 229 | 47 | 54% |
| Lower Parel | 2 | 3,850 | 79.0% | ₹29,800 | 311 | 118 | 57% |
| Andheri East | 2 | 3,400 | 87.3% | ₹24,600 | 191 | 259 | 51% |
| Powai | 2 | 3,250 | 86.2% | ₹22,900 | 34 | 158 | 59% |
| Goregaon | 2 | 2,750 | 83.3% | ₹21,700 | 169 | 133 | 50% |
| Navi Mumbai | 2 | 4,000 | 84.8% | ₹17,400 | 167 | 137 | 61% |
Pune, by micro-market
8 centres · 13,800 desks · 87.2% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| Kharadi | 2 | 3,550 | 86.7% | ₹19,600 | 51 | 119 | 57% |
| Hinjawadi | 2 | 3,700 | 86.9% | ₹16,800 | 60 | 229 | 44% |
| Baner | 2 | 2,750 | 80.0% | ₹18,400 | 327 | 74 | 42% |
| Viman Nagar | 1 | 2,200 | 87.9% | ₹19,100 | 265 | 281 | 52% |
| Magarpatta | 1 | 1,600 | 85.3% | ₹18,700 | 69 | 141 | 58% |
Gurugram, by micro-market
7 centres · 12,900 desks · 83.4% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| DLF Cyber City | 2 | 4,400 | 84.3% | ₹29,600 | 277 | 193 | 60% |
| Golf Course Road | 2 | 3,200 | 77.1% | ₹27,400 | 235 | 106 | 51% |
| Golf Course Extension | 1 | 2,550 | 83.7% | ₹22,800 | 225 | 213 | 43% |
| Udyog Vihar | 1 | 1,500 | 84.9% | ₹21,900 | 130 | 149 | 57% |
| Sohna Road | 1 | 1,250 | 80.6% | ₹19,400 | 63 | 91 | 57% |
Delhi, by micro-market
6 centres · 10,100 desks · 82.6% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| Aerocity | 2 | 3,250 | 87.4% | ₹31,200 | 191 | 123 | 60% |
| Nehru Place | 2 | 3,000 | 82.7% | ₹24,800 | 198 | 286 | 46% |
| Connaught Place | 1 | 2,450 | 74.3% | ₹33,600 | 295 | 166 | 49% |
| Okhla and Jasola | 1 | 1,400 | 80.1% | ₹20,600 | 206 | 240 | 61% |
Hyderabad, by micro-market
5 centres · 9,600 desks · 88.1% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| HITEC City | 2 | 4,050 | 84.1% | ₹21,800 | 141 | 286 | 45% |
| Gachibowli | 1 | 1,900 | 87.7% | ₹20,600 | 108 | 242 | 47% |
| Financial District | 1 | 1,550 | 84.9% | ₹19,700 | 138 | 186 | 63% |
| Banjara Hills | 1 | 2,100 | 82.9% | ₹23,400 | 208 | 98 | 59% |
Noida, by micro-market
4 centres · 7,300 desks · 80.2% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| Sector 62 | 2 | 4,200 | 77.7% | ₹17,900 | 166 | 250 | 57% |
| Film City and Sector 16A | 1 | 1,100 | 77.2% | ₹19,200 | 62 | 192 | 41% |
| Sector 142 | 1 | 2,000 | 77.6% | ₹15,600 | 171 | 247 | 64% |
Chennai, by micro-market
3 centres · 4,300 desks · 79.4% occupied
| Micro-market | Centres | Desks | Occupancy | Rate/desk | Unserved | Competitor raised | Win rate |
|---|---|---|---|---|---|---|---|
| Guindy | 1 | 1,500 | 74.4% | ₹18,900 | 115 | 81 | 53% |
| OMR Perungudi | 1 | 1,450 | 84.0% | ₹17,200 | 94 | 143 | 47% |
| Nungambakkam | 1 | 1,350 | 79.7% | ₹22,600 | 303 | 269 | 51% |
The comparison that matters
Empty desks versus unserved demand
Empty desks and unserved demand can sit in the same postcode and never meet. Most unserved requirements above thirty seats need contiguous space, and a portfolio can hold hundreds of empty desks scattered across four floors while turning away a single forty seat requirement. The map is coloured so that this is visible rather than averaged away, and it is the reason the unserved lens and the occupancy lens rarely agree.
Why rate is a lens
Occupancy without price is not a performance number
A central micro-market at 91 per cent and ₹25,000 is a different result from a peripheral one at 78 per cent and ₹15,800, and the second is not obviously the worse decision. Switching the lens to rate is the check on anyone who proposes to fix occupancy by discounting, which is the cheapest thing to do and the most expensive thing to have done.
Demo dataFigures on this screen are illustrative, from a deterministic model, for walkthrough purposes only.