CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per Global Prime Office Occupancy Costs survey, what is the position of New Delhi’s Connaught Place?
A
6
B
15
C
9
D
12
Explanation: 

Detailed explanation-1: -Delhi’s Connaught Place 9th most expensive office location in World: CBRE . As per property consultant CPRE’s annual Global Prime Office Occupancy Costs Survey, New Delhi’s Connaught Place (CP) is 9th most expensive office location in the world with an annual rent of nearly $144 per sq. ft.

Detailed explanation-2: -Delhi’s Connaught Place Among the Most Expensive Office Places in the World.

Detailed explanation-3: -New Delhi’s Connaught Place ranks improved to 17th in the most expensive office market in the world from 25th position in 2020, with an annual average occupancy cost of USD 109 square feet, according to property consultant JLL.

Detailed explanation-4: -Connaught Place of New Delhi is one of the largest commercial, financial, and business centres of the country. The rentals of this place are Rs. 850 per square feet in a year.

Detailed explanation-5: -The average capital value of properties in Jor Bagh is Rs 47,800 per sq ft, according to Delhi NCR Insite Report Oct-Dec 2021.

There is 1 question to complete.