Mumbai: In a research, it has been found that the commercial stock of Mumbai real estate market will touch 100 million sq ft mark by the end of fourth quarter of 2014. Presently Mumbai holds 87 million sq ft of office space. It is predicted that after the crossing of 100 mn mark, vacancy rate will be around 22 percent. The three major micro market that contribute the most to make this figure heavy are SBD North with 22 man sq ft, Navy Mumbai and Thane equaling to 21 mn sq ft and Western Suburbs with 16 mn sq ft. Apart from Mumbai, Delhi NCR and Bangalore too are standing shoulder to shoulder with Mumbai by touching 89 mn and 86 mn sq ft mark respectively.The figure seems very heavy but only if we stay in our country. If we go to the United States of India, there are 12 cities that boasts of more than 100 mn sq ft. New York caters the biggest commercial space with 444 mn sq ft followed by Washington DC and Chicago at 327 mn sq ft and 235 mn sq ft respectively. If we analyze Europe then Paris has the world’s largest office market with 569 mn sq ft.Coming back to India, Mumbai is a city that has witnessed the highest absorption of office compared to all other markets in India in the first half of 2013 with 3.8 million sq ft.займ на карту без отказов круглосуточновзять кредит онлайн