Key Metrics
Total Leasable Area
32.0 msf
Total Tenants
200+
Committed Occupancy
89.0%
Gross Contracted Rents from foreign MNCs
75.4%
As on 31st March, 2023
Portfolio
Completed area
25.8 msf
Number of Office Parks
10
Number of Buildings
58
Under Construction & Future Development
5.2 msf
As on 31st March, 2023
Leasing Metrics
Mark-to-Market upside in Rentals
8.3%
Weighted Average lease expiry
7.0 years
Area re-leased to Existing tenants
61.7%
New area leased to existing tenants
38.3%
As on 31st March, 2023
Financial Metrics
Revenue from Operations (FY23)
20,685 mn
Net Operating Income (FY23)
17,101 mn
Distribution
(FY23)
INR 19.1 p.u.
Net Debt to Market
Value
17.9%
As on 31st March, 2023
Performance Snapshot
Gross Leasing (FY23)
4.1 msf
Area Re-leased (FY23)
1.61 msf
Re-leasing spread
26.3%
Average rent for Gross Leasing
INR 66 psf
As on 31st March, 2023
