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Delhi's Connaught Place Among the Most Expensive Office Places in the World

Delhi's CP office space in the world, succeeding Downtown New York and Cambridge.

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Delhi's Connaught Place has become the 17th most expensive office space in the world, succeeding Downtown New York and Cambridge, a report published by British real estate services company in December has indicated.

According to the JLL’s Premium Office Rent Tracker, which compares occupancy costs for premium office buildings across the world’s leading real estate markets, Connaught Place has an annual total occupancy cost of $109 per square feet.

Here is the full ranking:

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1. New York Midtown

Total Occupancy Cost: $261 per square feet

2. Hong Kong, Central

Total Occupancy Cost: $261 per square feet

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3. Beijing, Finance Street

Total Occupancy Cost: $196 per square feet

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4. London, West End

Total Occupancy Cost: $191 per square feet

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5. Silicon Valley

Total Occupancy Cost: $174 per square feet

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6. Beijing CBD

Total Occupancy Cost: $152 per square feet

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7. Tokyo, Maronouchi

Total Occupancy Cost: $150 per square feet

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8. New York, Midtown South

Total Occupancy Cost: $148 per square feet

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9. Shanghai, Pudong

Total Occupancy Cost: $130 per square feet

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10. Beijing, Zhongguancun

Total Occupancy Cost: $123 per square feet

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11. Tokyo, Shibuya

Total Occupancy Cost: $115 per square feet

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12. Shanghai, Puxi

Total Occupancy Cost: $115 per square feet

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13. London, City

Total Occupancy Cost: $114 per square feet

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14. Hong Kong East

Total Occupancy Cost: $111 per square feet

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15. Los Angeles, Westside

Total Occupancy Cost: $110 per square feet

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16. Singapore

Total Occupancy Cost: $110 per square feet

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17. Delhi, Connaught Place

Total Occupancy Cost: $109 per square feet

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18. Shenzhen

Total Occupancy Cost: $107 per square feet

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19. New York, Downtown

Total Occupancy Cost: $106 per square feet

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20. Cambridge (Massachusetts)

Total Occupancy Cost: $106 per square feet

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