Q: Hi, I have a small business. I am looking to rent an office space in Delhi. Which area in Delhi would be better for setting up office? Please guide.
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Last year, New Delhi stood in the 9th position in the world’s most expensive office markets. As per a survey made by CBRE, the overall occupancy cost in the city is $183.30 per sq ft per year. Limited office space supply is the main reason behind this.
Hi all.. I would like to add some info to this discussion.. In the year 2012, office rentals in New Delhi and Chennai had witnessed tremendous growth. A 25% hike was observed in the rental rates of Connaught Place in New Delhi. It is expected that the growth rate will be even higher in the current calendar year.
That's all depend on what kind of business you are in and what kind of localities, customer you serve. Office space is available across Delhi. You may get cheaper office space in East Delhi.