Mumbai's industrial property rental rates have experienced a remarkable surge, almost doubling over the past year, making it one of the fastest growing regions for this type of real estate globally. An international report revealed that annual industrial rents in India's financial hub escalated to approximately 80 euros, which is equivalent to around 127 dollars per square meter. This growth significantly outpaces the global average of more than a 6% increase, surpassing the 4.5% rise observed in 2006. Notably, Asia, fueled by robust economic growth in both India and China, has demonstrated the most significant gains in this segment.