News India Delhi's Connaught Place is world's 4th most expensive office location

Delhi's Connaught Place is world's 4th most expensive office location

New Delhi, Feb 21: Connaught Place, located in the heart of the national capital, ranks 4th in the list of most expensive office locations in the world, according to latest report from property consultant Cushman



The demand for quality space in Connaught place is high considering that it is one of the oldest established office centres in India with proximity to other establishments like government organisations, trading centres and retail location, the consultant noted.




“Also gaining from the fact that there is limited supply of quality office space in the vicinity adds to its attractiveness,” it added.

The fresh supply in Connaught Place is essentially due to redevelopments and renovations of existing buildings which have been commanding premium, it said.

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