Delhi’s Connaught Place becomes world’s 6th most costliest office destination

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Jan 012015
 
Delhi's Connaught Place becomes world’s 6th most costliest office destination

Connaught Place in the Capital city has become the world’s sixth most costliest office destination, moving up two positions from eighth rank earlier, property consultant CBRE said today. Bandra-Kurla Complex (BKC) in Mumbai remained at 16th rank and Nariman Point at 32nd in the list of Top 50 rankings for global prime office properties. “At nearly USD 160 per sq ft per annum (occupancy costs), Delhi’s Central Business District (CBD) of Connaught Place was ranked as the sixth most expensive prime office market in the […]

Soon, Delhi’s Connaught Place, Khan Market and Karol Bagh areas to get free Wi-Fi

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Jun 102014
 
Soon, Delhi's Connaught Place, Khan Market and Karol Bagh areas to get free Wi-Fi

Soon, you will have another incentive to visit Delhi’s marquee markets, Connaught Place, Khan Market and Karol Bagh. Overcoming security concerns, New Delhi Municipal Council has decided to create Wi-Fi zones in these markets, with free browsing for the first 15-20 minutes. The first public hotspot will start at Khan Market by the month-end. The survey is been done and the spots where server boxes are to be installed, identified. After that, the project will move to CP and then Karol Bagh. Vodafone and Airtel […]

Restaurants and bars of Connaught Place, will soon remain open till 1 am

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Apr 272014
 
Restaurants and bars of Connaught Place, will soon remain open till 1 am

Restaurants and bars in the heart of Delhi, Connaught Place, will soon remain open till 1 am. Even the shopping outlets will remain open till 11 pm. The decision was taken by the New Delhi Municipal Corporation (NDMC) to promote night shopping in Connaught Place. The decision is, however, awaiting the Lieutenant Governor’s approval. According to the report, For the time being this proposal is only for Connaught Place and if it is successful, it may be implemented at other places too. The working youth […]

Delhi’s Connaught Place is the most expensive office location in India

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Feb 192014
 
Delhi’s Connaught Place is the most expensive office location in India

Delhi’s Connaught Place, which is the most expensive office location in India, has dropped four notches to number eight on the global charts from last year. Mumbai’s commercial business district of Bandra-Kurla Complex (BKC) has emerged as the second most expensive office location in India and eighth in the Asia Pacific region. According to the report, Connaught Place fell from the fourth to the eighth rank on the global list due to an appreciation in US dollar and euro against the Indian rupee last year. […]

Delhi’s Connaught Place becomes the world’s seventh costliest office destination

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Jan 272014
 

Connaught Place has slipped two notches to become the world’s seventh costliest office destination due to slowdown in the realty market and fall in rupee’s exchange rate, property consultant CBRE has said. According to the report, Mumbai’s Bandra Kurla Complex (BKC) is at the 15th position, while Nariman Point stood at 32nd. Occupancy cost of CP stood at USD 156.65 per sq ft per annum. CBRE Prime Office Occupancy Costs survey provides data on office rents and occupancy costs as of September 2013. In the […]