Some Unknown facts about Connaught Place
Delhi's Connaught Place is the 9th most expensive office space in the World
- Busiest Commercial Areas
- Shopping or Entertainment Hub
- Ease of Connectivity
9th most Expensive Office Market in the World
Connaught Place is one of the busiest commercial areas of Delhi and a shopping delight for commoners. It is named after Prince Arthur, 1st Duke of Cannaught and Stratheam. It offers something for everyone as it has many branded stores, fashion outlets, expensive restaurants, old fast food joints, art galleries, theatres and much more.
The First Ice-Cream parlour-Nirula’s, bakery-Wenger, full-service photography store-Mahatta’s are in CP. CP is not just a shopping or entertainment hub but also a place where you will find many Government offices and headquarters of many private firms.According to a survey, Delhi's Connaught Place is the 9th most expensive office market in the world. The annual rent here is more than Rs. 9,000 per sq. ft. Its location and ease of connectivity, as Rajiv Chowk being the nearest metro station, attracts big corporate like banks, financial institutions, etc.
Connaught Place now ranks ahead of Mumbai’s Bandra-Kurla Complex and Nariman Point in terms of owning an office. Reports also state that CP is amongst the top ten expensive markets in the World.