New Delhi’s Connaught Place is the ninth most expensive office location in the world with an annual rent of nearly USD 144 per sq ft, according to property consultant CBRE.
CP is located in the heart of India’s national capital.
In its annual Global Prime Office Occupancy Costs survey, CBRE tracks the cost of leasing prime office space globally.
For the second year, Hong Kong’s Central district retained the top spot as the world’s most expensive market for prime office rents, with the prime occupancy costs valued at USD 322 per sq.ft.
Mumbai’s Bandra Kurla Complex and Nariman Point CBD slipped to 27th and 40th positions.