Delhi is not the commercial capital of India. However there is higher demand for Commercial Property in Delhi, probably because the city is the National Capital. The business folk are sure of their bright future here. They are sure that they will be able to gain better profit from their business. Probably they will gain the maximum profit from their business here. This is the reason why there is a flow of big business corporates to the National Capital.
For some of the business corporates acquiring Office Space in Delhi is a matter of prestige. They consider it as a matter of prestige and so are ready to bid higher for such properties in the city. They will hold their head office here while having many branches and sub-branches in many other areas of the country. Why do they keep their headquarters here? Why don’t they make it somewhere else or in any other top cities?
It is true that there are many Indian Corporates who have headquarters outside India, means overseas. So they do keep their HQs at these cities. Some business people believe that the popularity of the city do have an impact on their business. For example there are many who wish to be introduced as New Delhi Based business conglomerate than to be introduced as Pune or Chennai Based one. For this purpose they are ready to set a huge price for Office Space in Delhi.
It does not mean that their sole aim to be known as a New Delhi based company. Commercial investment in all the top cities is highly advisable and hotly sought after. The improvement and increase in the rentals is one fo the main factors that attract the buyers and investors to Commercial Property in Delhi. They gain higher returns from their investment in the form of rentals as well as value appreciation.
The rentals in all the top cities are increasing and it is the same with the case of Delhi as well. Those who wish to lease or rent Commercial Space in Delhi will have to pay a huge amount of money. Buying a commercial property is also not as easy as it was. The property prices are rocketing and the buyers suffer as a result.
Recently Connaught Place in Delhi was counted among the most expensive office locations in the world. The rentals stood higher than some of the top cities of the world. This alone shows how important and hot is Office Space in Delhi, the capital of India. There are many who are ready to pay higher for acquiring an office in the city because they are all sure of higher returns and better profits from their business.
Residential Properties in Delhi 