Commercial Property
Rental Indexfor Offices (CPRI-O)

The index covers Grade A and A+ commercial office buildings, focusing on professionally developed, high-quality office spaces.

It tracks office rentals across 10 major Indian cities, covering over 90% of the country’s Grade A/A+ office inventory.

Effective rent adjusts headline rent for incentives like rent-free periods, deposits, and other concessions to reflect the true cost to tenants.

The index is updated quarterly, with Q1 2014 set as the base period (index value = 100).

Corporates, investors, developers, REITs, policymakers, researchers, and media can all use it for informed decision-making.

It uses actual lease data, advanced statistical modelling, and controls for outliers, lease size, and unusual contract terms.

It provides a reliable benchmark to compare locations, assess trends, and forecast future office rental performance.