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

1,25,650 desks across 9 cities

Requirements unserved

7,623

Across all micro-markets

Weakest micro-market

76.0%

Infocity

Empty desks worth

₹46.4 cr

Illustrative, at list rate

Bengaluru, mapped street by street

Schematic micro-market plot — switch the lens, hover for the economics

Occupied desks against operational desks in the micro-market. Measured from your inventory, not modelled.

FullestEmptiest

Schematic. Node positions are approximately correct relative to each other within the city and are not to scale. Bubble area is operational desks, the number inside is centres. Not a boundary map and not survey data.

Pick a city

Eight cities, thirty eight micro-markets

Bengaluru, by micro-market

28 centres · 48,200 desks · 88.7% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Outer Ring Road	8	13,750	87.4%	₹24,500	62	158	46%
Whitefield	4	7,300	88.1%	₹23,800	288	200	51%
North Bengaluru	4	6,900	83.6%	₹24,500	171	160	51%
Koramangala	1	1,600	96.5%	₹22,100	274	174	62%
Indiranagar	2	3,500	88.1%	₹25,600	297	269	61%
Central Business District	5	9,450	92.9%	₹24,000	162	281	53%
Bannerghatta Road	1	1,400	97.0%	₹24,600	133	260	50%
Ulsoor Road	3	4,300	88.1%	₹26,700	243	76	48%

Pune, by micro-market

13 centres · 18,600 desks · 85.9% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Kharadi	3	5,200	87.4%	₹18,400	225	66	50%
Wakad	1	1,150	82.9%	₹20,700	287	212	43%
Yerwada	2	2,650	86.5%	₹18,100	288	243	38%
Balewadi	1	1,200	84.1%	₹16,800	165	254	40%
Kalyani Nagar	2	2,400	87.0%	₹22,200	234	195	39%
Koregaon Park	2	3,000	85.9%	₹18,800	41	121	46%
Shastrinagar	1	1,250	84.3%	₹19,400	149	66	53%
Viman Nagar	1	1,750	83.2%	₹22,300	300	263	58%

Hyderabad, by micro-market

9 centres · 14,900 desks · 84.7% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
HITEC City	2	3,400	90.2%	₹21,400	298	112	63%
Gachibowli	3	5,050	80.6%	₹22,300	97	199	59%
Neopolis	2	3,850	82.5%	₹23,800	290	116	61%
Madhapur	2	2,600	88.6%	₹24,400	216	104	51%

Mumbai, by micro-market

10 centres · 13,350 desks · 86.8% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Bandra Kurla Complex	3	4,200	86.3%	₹32,400	189	262	59%
Andheri	2	3,350	88.0%	₹32,800	41	77	39%
Airoli	2	2,250	86.5%	₹34,100	272	195	51%
Goregaon	1	1,250	87.2%	₹35,300	67	145	62%
Vile Parle East	1	1,050	82.4%	₹28,500	300	263	50%
Worli	1	1,250	88.6%	₹33,800	259	108	58%

Gurugram, by micro-market

10 centres · 16,800 desks · 86.6% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
DLF Cyber City	4	7,200	87.8%	₹30,800	224	136	58%
Golf Course Road	2	3,300	85.9%	₹30,600	188	255	59%
Golf Course Extension Road	1	1,950	87.1%	₹25,100	74	57	56%
NH8	1	1,100	87.7%	₹30,200	130	140	52%
DLF City Phase 3	1	2,000	83.8%	₹27,700	258	94	46%
Sector 26	1	1,250	84.9%	₹24,600	272	52	54%

Chennai, by micro-market

5 centres · 6,900 desks · 82.5% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Manapakkam	1	1,350	81.6%	₹17,100	165	204	40%
Perungudi	1	1,350	83.6%	₹20,600	79	152	51%
Secondary Business District	1	1,050	85.6%	₹20,900	258	89	44%
Tharamani	2	3,150	81.4%	₹18,900	243	162	54%

Noida, by micro-market

2 centres · 3,200 desks · 87.6% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Sector 143 A	1	1,700	88.0%	₹17,000	81	212	50%
Sector 94	1	1,500	87.1%	₹18,500	48	71	38%

New Delhi, by micro-market

1 centres · 2,300 desks · 82.8% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Aerocity	1	2,300	82.8%	₹31,100	121	159	54%

Bhubaneswar, by micro-market

1 centres · 1,400 desks · 76.0% occupied

Micro-market	Centres	Desks	Occupancy	Rate/desk	Unserved	Competitor raised	Win rate
Infocity	1	1,400	76.0%	₹13,300	134	253	38%

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.