Photographs: Arko Datta/Reuters
Interestingly, new business districts are booming in these cities attracting more companies.
Mumbai will continue to be the centre of BFSI activity as far as fresh investments for new offices, expansion and relocation, followed by Bengaluru and National Capital Region (NCR).
Knight Frank has ranked top business districts on the basis of investor returns for the period of 2013-17.
Take a look at the best cities to invest in India...
Top business districts to invest in India
Image: An aerial view of Mumbai.Photographs: Adeel Halim/Reuters
Mumbai
District: Central Mumbai
(Parel, Lower Parel, Dadar, Prabhadevi)
Mumbai's central Mumbai business district will yield the best investment return in the country at 19 per cent per annum, says Knight Frank.
Rental Growth 2012-2017: 47%
Capital Value Growth 2012- 2017: 63%
Investor Return per Annum: 19%
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Top business districts to invest in India
Image: Mumbai Skyline.Photographs: Punit Paranjpe/Reuters
Mumbai
District: SBD West
(Andheri, Malad, Jogeshwari, Goregoan)
Rental Growth 2012- 2017: 28%
Capital Value Growth 2012- 2017: 42%
Investor Return per Annum: 15%
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Top business districts to invest in India
Image: Microsoft campus in Hyderabad.Photographs: Reuters
Hyderabad
The office space market in Hyderabad today is dominated by the IT/ITeS sector which occupies almost 75 per cent of the stock while the manufacturing and BFSI sectors occupy 9 per cent and 6 per cent respectively, finds the Knight Frank study.
District: SBD
(HITEC City, Kondapur, Madhapur, Manikonda, Kukatpally)
Rental Growth 2012- 2017: 23%
Capital Value Growth 2012- 2017: 36%
Investor Return per Annum: 14%
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Top business districts to invest in India
Image: A man walks in front of the under-construction One BKC commercial complex, being built by The Wadhwa Group, in the Bandra-Kurla Complex in Mumbai.Photographs: Vivek Prakash/Reuters
Mumbai
District: BKC and Off BKC
(BKC, Bandra (East), Kalina, Kalanagar)
Rental Growth 2012- 2017: 25%
Capital Value Growth 2012- 2017: 37%
Investor Return per Annum: 14%
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Top business districts to invest in India
Image: Infosys Pune Food Court.Photographs: Vikasapte/Wikimedia Commons
Pune
Currently, the IT/ITeS and manufacturing sectors account for 75 per cent and 12 per cent of the total occupied office space respectively.
District: SBD East
(Kalyani Nagar, Airport Road, Yerwada, Nagar Road, Vishrantwadi)
Rental Growth 2012- 2017: 25%
Capital Value Growth 2012- 2017: 38%
Investor Return per Annum: 14%
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Top business districts to invest in India
Image: Chennai.Photographs: Indianhilbilly/Wikimedia Commons
Chennai
Currently, IT/ITeS, manufacturing and BFSI sectors are the major occupying industries in Chennai and account for 56 per cent, 20 per cent and 10 per cent of the total occupied office space respectively.
District: CBD and Off CBD
(Anna Salai, RK Salai, Nungambakkam, Greams Road, Egmore, T Nagar)
Rental Growth 2012- 2017: 20%
Capital Value Growth 2012- 2017: 34%
Investor Return per Annum: 13%
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Top business districts to invest in India
Image: Phoenix Market City Mall in Kurla, Mumbai.Photographs: Trinidade/Wikimedia Commons
Mumbai
District: SBD Central
(Kurla, Ghatkopar, Vikhroli, Kanjurmarg, Powai, Bhandup, Chembur )
Rental Growth 2012- 2017: 22%
Capital Value Growth 2012- 2017: 35%
Investor Return per Annum: 13%
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Top business districts to invest in India
Image: Workers move an ice-cream cart from the Marina beach in Chennai.Photographs: Babu/Reuters
Chennai
District: SBD OMR
(Perungudi, Taramani)
Rental Growth 2012- 2017: 19%
Capital Value Growth 2012- 2017: 33%
Investor Return per Annum: 13%
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Top business districts to invest in India
Image: Labourers are silhouetted against the setting sun as they work at the construction site of a residential building in Hyderabad.Photographs: Krishnendu Halder/Reuters
Hyderabad
District: PBD West
(Gachibowli, Kokapet, Madinaguda, Nanakramguda, Serilingampally)
Rental Growth 2012- 2017: 18%
Capital Value Growth 2012- 2017: 31%
Investor Return per Annum: 13%
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Top business districts to invest in India
Image: Workers stand at the construction site of a flyover bridge in Chennai.Photographs: Babu/Reuters
Chennai
District: SBD
(Mt. Poonamallee Road, Porur, Guindy, Nandanam)
Rental Growth 2012- 2017: 19%
Capital Value Growth 2012- 2017: 32%
Investor Return per Annum: 13%
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Top business districts to invest in India
Image: Infosys campus at Pune.Photographs: Courtesy, Infosys
Pune
District: PBD West
(Hinjewadi, Bavdhan, Wakad, Balewadi)
Rental Growth 2012- 2017: 19%
Capital Value Growth 2012- 2017: 32%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: UB City, Bangalore.Photographs: Jasvipul Chawla/Wikimedia Commons
Bengaluru
Currently, the sector accounts for 57 per cent of the total office space in Bengaluru, followed by the BFSI and manufacturing sectors at 18 per cent and 15 per cent respectively.
District: ORR
(KR Puram ORR, Marathalli ORR)
Rental Growth 2012- 2017: 17%
Capital Value Growth 2012- 2017: 30%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: Hyundai cars ready for shipment at a port in Chennai.Photographs: Babu/Reuters
Chennai
District: PBD, OMR, GST
(OMR beyond Perungudi Toll Plaza, GST Road)
Rental Growth 2012- 2017: 16%
Capital Value Growth 2012- 2017: 29%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: Aerial View of Pune.Photographs: Subhashish Panigrahi/Wikimedia Commons
Pune
District: PBD East
(Hadapasar, Kharadi, Phursungi, Wanowrie)
Rental Growth 2012- 2017: 17%
Capital Value Growth 2012- 2017: 30%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: Infosys' pyramid-shaped building in Bangalore.Photographs: Courtesy, Infosys
Bengaluru
District: SBD
(Indiranagar, Koramangala, Airport Road, Old Madras Road)
Rental Growth 2012- 2017: 15%
Capital Value Growth 2012- 2017: 27%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: Commuters ride inside a carriage of a Namma Metro train as it travels along an elevated track in the Indira Nagar area of Bangalore.Photographs: Vivek Prakash/Reuters
District: CBD and off CBD
(MG Road, Residency Road, Richmond Road, Lavelle Road, Infantry Road, Cunningham Road)
Rental Growth 2012- 2017: 13%
Capital Value Growth 2012- 2017: 26%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: IBM Bangalore.Photographs: Vinoo202/Wikimedia Commons
District: PBD East
(KR Puram, Whitefield, Brookefield, Hoodi)
Rental Growth 2012- 2017: 16%
Capital Value Growth 2012- 2017: 29%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: A driver waits for customers in his Premier Padmini taxi on Marine Drive in Mumbai.Photographs: Vivek Prakash/Reuters
Mumbai
District: CBD and off CBD
(Nariman Point, Cuffe Parade, Ballard Estate, Fort, Mahalaxmi, Worli)
Rental Growth 2012- 2017: 16%
Capital Value Growth 2012- 2017: 29%
Investor Return per Annum:12%
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Top business districts to invest in India
Image: Labourers work on a billboard in Mumbai.Photographs: Arko Datta/Reuters
Mumbai
District: PBD
(Thane, Airoli, Vashi, Ghansoli, Rabale, Belapur)
Rental Growth 2012- 2017: 16%
Capital Value Growth 2012- 2017: 29%
Investor Return per Annum: 12%
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Top business districts to invest in India
Image: Vehicular traffic moves on a street in New Delhi.Photographs: Kamal Kishore/Reuters
National Capital Region (NCR)
The National Capital Region (Delhi, Gurgaon, Noida and Greater Noida) is one of the prime office destinations in the country.
One of the most attractive office destinations in the country, NCR is known for availability of talent pool and developed infrastructure.
District: PBD Gurgoan Zone A
Rental Growth 2012- 2017: 25%
Capital Value Growth 2012- 2017: 44%
Investor Return per Annum: 11%
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