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 […]