ASIA Continues To Be The Most Expensive Location

The Kurla-Bandra  Complex (BKC) is the 19th most expensive paramount office hawk in the word but New Delhi’s Connaught  is on the 7th position on the current CBRE Research report released on June 15.Nariman Point is ranked 34th in the position Said the current publication of Global Prime Office Research Domiciliation Costs bi-annual survey.

Hong Kong (Central) is now the world’smost priced office hawk with an overall paramount occupancy cost of US$290 per sq.ft. (Rs 19,457) per annum (West End) London Central is the second on the list of expensive in the world at $262 per Sq.ft. (Rs 17,576) per year.

Asia continued to rule the list of the world’s most expensive office locations deem at the seventh of the top 10 vend, according  to the research, Beijing (Finance Street) (US $188 per sq.ft.)  finalist out the top five positions.

A few key Southeast Asian Markets decreases including Singapore and Jakarta, according to report.

The CMD, CBRE Anshuman Magazine of South Asia said over the past year, the merchandise real estate market in India has notice a positive movement. At the rankof seven, Connaught Place continues to attract occupiers and notice a steady leasing activity for front work space. Its central location and facility of connectivity continues to attract big corporates especially banks, other economic institutionsand engineering firms and spaces. Overall, India continues or to set up their work spaces due to adequate supply of quality office space.