LOWER PAREL There are 25 high-grade (A+, A and B+) buildings in the Lower Parel area, obviously with

a majority of those being B+ (13 buildings). The A+ rated buildings number only seven, and none of them are commercial properties. They are all IT/ITES buildings. The total stock contained within these 25 buildings is 6169500 sq. feet and the vacancy in this area is 2049200 sq. ft. That is, approximately 33% of the total stock in Lower Parel is vacant.
Millions 3 2.5 2 1.17 0.63 STOCK VACANCY 2.50 2.49

Sq. Ft.

1.5 1 0.5 0 A+ 0.97

0.45

A LOWER PAREL

B+

As can be inferred from the graph, the most vacant spaces are in the A+ buildings followed by the B+ buildings. BKC There are 21 top quality buildings in the Bandra-Kurla Complex, with 10 A+ properties, 6 A grade properties and only 5 B+ properties. The total stock of these buildings numbers approximately 80,40,500 sq. ft. and the vacancy in the area is 30,44,966 sq. ft. Which in percentages is just less than 38% of the total stock vacant. In the graph we can see that the most stock and vacancies exist in the A+ properties and the least of both in the B+ properties.

Sq. Ft. Millions

6 5 4 3 2 1 0

5.57

2.71 1.71 0.76 0.24 A+ A BKC 0.10 B+

STOCK VACANCY

ANDHERI The total good quality (33 buildings) stock in Andheri is 94,45,500 sq. ft. and the vacant stock among those buildings is 35,22,387 sq. ft. Out of the 33 buildings, only 5 are A+ quality, 12 are A and 16 are B+.
Sq. Ft. Millions 5 4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 A+ A ANDHERI B+ 0.49 1.74 2.06 0.98 STOCK VACANCY 4.29 3.42