Connaught Place 9th most expensive office location; Hong Kong tops chart
Connaught Place 9th most expensive office location; Hong Kong tops chart In its annual Global Prime Office Occupancy Costs survey, CBRE tracks the cost of leasing prime office space globally Economy :- New Delhi’s Connaught Place (CP) is the ninth most costly office area on the planet with a yearly lease of almost $144 per sq ft, as indicated by property advisor CBRE. CP, situated in the core of the national capital, was at the ninth position even a year ago. In its yearly Global Prime Office Occupancy Costs study, CBRE tracks the expense of renting prime office space internationally. For the subsequent year, Hong Kong’s Central area held the top spot as the world’s most costly market for prime office rents, with the prime inhabitance costs esteemed at $322 per sq.ft. “New Delhi’s Connaught Place – focal business region (CBD) holds its ninth position in the rundown as a year ago and the workplace inhabitance cost is esteemed at $143.97 per sq ft,” the report said. ...