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Nariman Point among prime spots that saw biggest fall in prices
While there are some prime locations that are witnessing a boom in rental prices, there are some major commercial areas that are seeing a drop.
Let's take a look at some main spots that reported fall in rental prices.
Source: CBRE
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Nariman Point among prime spots that saw biggest fall in prices
Palma de Mallorca
Country: Spain
Drop in rental prices in Q3 2013: 11.3 per cent
Overall rank in drop in Q3 2013: 1
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Nariman Point among prime spots that saw biggest fall in prices
Valencia
Country: Spain
Drop in rental prices in Q3 2013: 10.7 per cent
Overall rank in drop in Q3 2013: 2
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Nariman Point among prime spots that saw biggest fall in prices
Milan
Country: Italy
Drop in rental prices in Q3 2013: 7.1 per cent
Overall rank in drop in Q3 2013: 3
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Nariman Point among prime spots that saw biggest fall in prices
Sao Paulo
Country: Brazil
Drop in rental prices in Q3 2013: 5.9 per cent
Overall rank in drop in Q3 2013: 4
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Nariman Point among prime spots that saw biggest fall in prices
Nariman Point, Mumbai
Country: India
Drop in rental prices in Q3 2013: 5.1 per cent
Overall rank in drop in Q3 2013: 5
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Nariman Point among prime spots that saw biggest fall in prices
Central district
Country: Hong Kong
Drop in rental prices in Q3 2013: 4.7 per cent
Overall rank in drop in Q3 2013: 6
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Nariman Point among prime spots that saw biggest fall in prices
Hanoi
Country: Vietnam
Drop in rental prices in Q3 2013: 4.6 per cent
Overall rank in drop in Q3 2013: 7
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Nariman Point among prime spots that saw biggest fall in prices
Bratislava
Country: Slovakia
Drop in rental prices in Q3 2013: 4.2 per cent
Overall rank in drop in Q3 2013: 8
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Nariman Point among prime spots that saw biggest fall in prices
Singapore
Country: Singapore
Drop in rental prices in Q3 2013: 3.7 per cent
Overall rank in drop in Q3 2013: 9
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Nariman Point among prime spots that saw biggest fall in prices
Bucharest
Country: Romania
Drop in rental prices in Q3 2013: 3.5 per cent
Overall rank in drop in Q3 2013: 10
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Nariman Point among prime spots that saw biggest fall in prices
Oporto
Country: Portugal
Drop in rental prices in Q3 2013: 3.4 per cent
Overall rank in drop in Q3 2013: 11
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Nariman Point among prime spots that saw biggest fall in prices
Madrid
Country: Spain
Drop in rental prices in Q3 2013: 3.3 per cent
Overall rank in drop in Q3 2013: 12
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Nariman Point among prime spots that saw biggest fall in prices
Tel Aviv
Country: Israel
Drop in rental prices in Q3 2013: 3.1 per cent
Overall rank in drop in Q3 2013: 13
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Nariman Point among prime spots that saw biggest fall in prices
Paris
Country: France
Drop in rental prices in Q3 2013: 3.1 per cent
Overall rank in drop in Q3 2013: 14
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Nariman Point among prime spots that saw biggest fall in prices
Guadalajara
Country: Mexico
Drop in rental prices in Q3 2013: 3.1 per cent
Overall rank in drop in Q3 2013: 15