New Delhi's Connaught Place is the 9th most expensive in the world

Sep 06 2018 07:09 AM
New Delhi's Connaught Place is the 9th most expensive in the world

In the case of Connaught Place office in New Delhi, it is the 9th most expensive place in the world. This fact was reported in CBRE's report on Wednesday. This report, titled 'Global Prime Office Occupancy Costs 2018', states that the annual rent of office space per square foot in Connaught Place is $ 153.26, which is the ninth most expensive place in the world. Last year it was ranked as the 10th most expensive place in the world.

Mumbai's Bandra Kurla Complex has a flat rate of $ 96.51 per square foot and is the world's 26th most expensive office location. At the same time, Nariman Point of Mumbai is $ 72.80 per square foot and it is 37th in the list of expensive places.

The most expensive place in the world of office location is the Hong Kong Central, where the annual rent per square foot is $ 306.57. Hong Kong is ranked as the most expensive place for the second consecutive year.

In terms of expensive space, the second and third positions are respectively London (West End) and Beijing's Financial Street. CBRY Chairman (India and Southeast Asia) said that Cost of the major places due to the demand for finance, technology and e-commerce has increased in comparison to last year.

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