The properties of Connaught Place rule Delhi commercial real estate markets. It is the main part of Delhi and that is the reason why office space in Connaught place are so much in demand. Almost all the start-ups in CP are doing great because of the aptness of the office spaces.
Delhi has ever increasing population, http://www.jainoncor.com/commercial-space-connaught-place.phpthat even if one-third of it resorts to run a business in the city, the number will outrun our imagination. There is ever-rising demand for commercial properties in Delhi. Also, Delhi being the capital of India has a solid infrastructure. Several Multinational Companies are setting up their offices in Delhi as operating from India costs them pretty less when compared to setting up a business in abroad. The effortless availability of skilled manpower at viable and reasonably cheap prices is yet another reason why best MNCs are heading to Delhi.
To buy or rent any of the available office space in Delhi for running a large scale business or otherwise, an essential thing to be considered is the location of the property. An incorrect choice of location could wreck your business dreams even if you have a great plan and everything else. Few of the major areas that are housing office space in Delhi other than Connaught place are Nehru Place, South Extension, Okhla Industrial area, Vasant Vihar, Punjabi Bagh, Patparganj Industrial area Azadpur, Greater Kailash, Narayana Industrial area etc.
Connaught Place office spaces are well connected by the conveyance facilities and is now on the metro map as well. Rajiv Chowk Metro station opens into the inner circle and thus permits interrupted access to India’s finest retail destination. Nearly all major retails brands like Adidas, Nike, Samsonite etc. Leading banks like Syndicate Bank, ICICI, and Standard Chartered, have their subdivisions there. Other banks like HDFC, Oriental bank of Commerce, Citibank have their ATMs in and around the inner circle. The closeness of all these banks and retail brands to the various office spaces increases their value even more.
The size of properties in Delhi ranges from a single room to a multistoried building. Consequently, the price is also dependent upon the location of the business property. Hence, the budget restraints pose a serious restriction and are a major determining factor for the purchase or rent of office spaces in Delhi. It is evident that purchase of commercial properties in Delhi can affect your budget thus one need to consult with the experienced and trustworthy property dealers in Delhi to crack the profiting deal. But, if you have a limited budget, renting would be a better alternative. Always remember before taking a final judgment, always look for the possible loophole in the property.