Key Metrics
Total Leasable Area
31.8 msf
Total Tenants
175+
Committed Occupancy
84.3%
Gross Contracted Rents from foreign MNCs
77.2%
As on 31st March, 2022
Portfolio
Completed area
24.2 msf
Number of Office Parks
10
Number of Buildings
57
Under Construction & Future Development
7.6 msf
As on 31st March, 2022
Leasing Metrics
Mark-to-Market upside in Rentals
16.3%
Weighted Average lease expiry
6.9 years
Area re-leased to Existing tenants
67.7%
New area leased to existing tenants
32.3%
As on 31st March, 2022
Financial Metrics
Revenue from Operations (FY22)
17,501 mn
Net Operating Income (FY22)
14,864 mn
Distribution
(FY22)
INR 18.4 p.u.
Net Debt to Market
Value
15 .7%
As on 31st March, 2022
Performance Snapshot
Gross Leasing (FY22)
4.5 msf
Area Re-leased (FY22)
2.2 msf
Re-leasing spread
31.0%
Average rent for Gross Leasing
INR 67 psf
As on 31st March, 2022
