BIRLA COMMERCIAL CONNAUGHT PLACE — New Project Coming Up in Connaught Place, Delhi

Project Overview

Birla Group is developing an upcoming commercial space in Connaught Place in New Delhi, featuring office space, retail shops, food court, and more. Priced on request, the project represents a strategic addition to Birla Estates' commercial portfolio in one of India's leading business districts.

Location and Connectivity

The project is located at Connaught Place in the CBD of Delhi, on the main Barakhamba Road. Connaught Place is one of the main financial, commercial and business centres in New Delhi, housing headquarters of several noted Indian firms and serving as a major shopping, nightlife, and tourist destination. The site has good metro connectivity from Barakhamba Road Metro Station, within 0.2 km.

Project Specifications

The commercial complex is spread across four floors, covering a total area of 30,000 sq. ft., and will feature all facilities that classify present-day professionals' dream office space. Megabrands, retail, and wholesale businesses have opportunities to avail space on the ground and first floors.

About Birla Estates

Birla Estates has three projects in Delhi: Birla Chattarpur, Birla Connaught Place, and Birla Kamla Nagar, located in prime locations in the city. The developer maintains an established commercial portfolio alongside a growing residential presence across India's major markets.

Market Context

As of July 2018, Connaught Place ranked as the ninth most expensive office location in the world, with an annual rent of $1,650 per square metre. Current office spaces in Connaught Place command rental yields, with office spaces available at ₹160 to ₹280 per sq. ft., with top MNCs, startups, and financial institutions ensuring strong demand.