Delhi, Mumbai & Bengaluru Have Highest Prime Office Yields Among 34 International Cities

"This report is a comprehensive study of the current definition of best-in-class in real estate. Delivering quality and matching the trends is a proven strategy in real estate," the website to the Global Cities: The 2018 Report, reads.

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In a nutshell, this year's Global Cities report highlights the future of real estate and just how these sharp trends are altering the nature of our existence. Among the 40 strikingly powerful cities that have made it to the list, Bengaluru, Mumbai and Delhi have managed to bag a prime spot on the office yields.

While Bengaluru stands at a whopping 10 % yields, Delhi is the second close with 9.20% and Mumbai with 8.50 %.

Furthermore, in the Tech Districts Index, Gurgaon's Cyber City has been ranked 25th ($ 20.40 or Rs 1,338 a sq ft). Bengaluru's Whitefield stood at the cheapest at $ 9 (Rs 590 a sq ft).

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The report that analyzed on various indexes ranked Mumbai on the 6th spot on the Skyscraper Index growth this year. "India's financial capital pips destinations such as London (0.0 %), Hong Kong (1.1 %), Tokyo (0.0 %) and Dubai (0.0 %)," it said.

#GlobalCities: The 2018 report is here! What is the future of #realestate & what trends are shaping leading #cities? https://t.co/TfDmXodWJJ

¡ª Knight Frank AU (@KnightFrankAu) September 29, 2017

Its parameters surveyed cities on the basis of what one could buy with $100 million and Bengaluru turned out to be the most prime amongst all. With that money, one can fetch over 5 lakh sqft of office space. Delhi was the most expensive though (1.56 lakh) followed by Mumbai ( 1.65 lakh).

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Read the full report here.