Connaught Place, the marketplace located in Delhi has been ranked fifth in the list of world’s most expensive office market due to its strong demand amid limited supply as per the CBRE report. The reason of Connaught place being one of the most expensive markets is the Strong demand coupled with Connaught Place’s central location, excellent access to key regional markets and limited availability of prime office space.
The top three Expensive markets are:
1. Hong Kong (Central) with annual occupancy costs of 235.23 dollars per sq ft topped the most expensive list for the third consecutive time.
2. London’s West End, Beijing’s Finance Street
3. Beijing’s Jianguomen.