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Connaught Place- The strong growth driver of commercial real estate segment in Delhi-NCR

New Delhi [India], August 29 (ANI/ATK): Delhi's Connaught Place is a central business district. Counted amongst the costliest office markets in India, CP has always been a premier and sought-after office destination for national and global companies due to its central Delhi strategic location, remarkable connectivity and robust infrastructure. Over the years, it has always witnessed major commercial real estate momentum, demonstrating consistent rentals, stable occupancy and vacancy levels. Behind the scenes, Connaught Place Commercial Real Estate Market is unorganized due to immense strata sales and small individual investors owning the properties in the area. Unlike Gurugram and Noida markets that are dominated majorly by developers and corporate players, one has to deal, and at times negotiate, with multiple owners to conclude the transaction at the best rentals and terms. With time, buildings require more maintenance and financial institutions prefer space that is strategically

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