Connaught Place and Barakhamba Road – The Thriving Commercial Hubs

Connaught Place is a constantly developing area in the heart of Delhi. It is a premier location for commercial real estate because of its solid infrastructure, excellent location, and seamless connectivity. Connaught Place is built around two concentric circles – the Outer Circle and the Inner circle. The circles are ornamented with magnificent white entryway pillars. Connaught Place houses some of the most reputed global and national companies.

Barakhamba Road, located near Central Park and Connaught Place, is another popular street lined with high-rise buildings and commercial spaces. With contemporary designs and top-notch amenities, these office spaces are ideal for businesses seeking to set up offices in this bustling neighborhood.

Recent data indicates that out of a total stock of 5,497,615 sf of office spaces in these two commercial hubs, 242,210 sf was leased in the last 12 months.

Why Are Connaught Place and Barakhamba Road Thriving Commercial Hubs?

Connaught Place and Barakhamba Road have developed into posh neighborhoods because of their strategic locations, well-planned infrastructure, and excellent roads. Commercial rentals have always been higher in these areas. Let us examine the factors that make Connaught Place and Barakhamba Road ideal for businesses.

Excellent Location and Connectivity

Connaught Place and Barakhamba Road are well-connected to the rest of the city via bus, metro, and other modes. The Rajiv Chowk and Barakhamba Road metro stations are important transportation hubs in Delhi. In Connaught Place, eight radial roads connect the circles and stretch outwards, connecting to metro stations and neighboring communities.

Infrastructure and Development

Connaught Place and Barakhamba Road, located in the heart of Delhi, enjoy robust social infrastructures that meet the different demands of both inhabitants and visitors. With their bustling business institutions and thriving cultural environment, both these neighborhoods provide a wealth of shopping, dining, and entertainment alternatives.

Connaught Place has a well-connected public transit network that includes metro stations, bus stops, and train stations. The presence of well-known banks and business establishments turns these districts into thriving economic hubs. Consequently, the demand for office spaces and other commercial establishments is constantly on the rise.

Let us look at the most expensive buildings that offer office spaces in Connaught Place and Barakhamba Road.

High Rental Yields

Several factors contribute to Barakhamba Road and Connaught Place’s strong commercial rental yields. Their position in the center of Delhi makes them popular commercial districts, drawing a wide range of businesses eager to create a presence in distinguished neighborhoods.

Furthermore, their well-developed infrastructure, which includes great connectivity to transit hubs and closeness to essential amenities such as banks, airports, and shopping malls, makes them more appealing to enterprises. The significant foot traffic that the area’s thriving retail generates adds to the demand for commercial space, increasing rental returns.

In a recent transaction, in November 2023, Kisetsu Saison Finance India leased 4,899 sf of office space in the Kanchenjunga Building for Rs.135 psf.

Let us look at the top tenants who have rented corporate office spaces in Connaught Place and Barakhamba Road.

Recommended Properties in Connaught Place and Barakhamba Road

Connaught Place and Barakhamba Roads are thriving commercial hubs in Delhi providing excellent office and retail spaces. These lively commercial landscapes in the heart of Delhi are popular choices for investors looking for coveted business destinations. Neelam is one of the top projects that offers office space for rent in Connaught Place, Delhi.

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