Connaught Place, also known as CP, is a bustling commercial and business center located in the heart of New Delhi, India. It was named after Prince Arthur, Duke of Connaught and Strathearn, and was designed by Robert Tor Russell, Chief Architect to the Public Works Department of British India.
The area is known for its colonial-style architecture, wide streets, and open spaces, which contribute to its charm and appeal. The circular layout of the area, with roads radiating outwards from a central point, makes it easy to navigate and explore. But did you know, CP was home to bears, jackals, and bats 90 years ago? It was surrounded by many villages owned by King Jaisingh who sold the entire forest land to the Britishers. They built this with Georgian-style architecture in just 4 years, destroying 3 surrounding villages in the process. As of July 2018, Connaught Place was the ninth most expensive office location in the WORLD with an annual rent of $1,650 per sq.m. ($153/sq.ft.).
CP is home to a wide variety of shops, restaurants, hotels, and other businesses. It is a popular tourist destination, with many visitors coming to explore the numerous shops, restaurants, and other attractions in the area.
Counted amongst the costliest office markets in India, CP has always been a premier and sought-after office destination for national and global companies due to its Central Delhi strategic location. Over the years, it has always witnessed major commercial real estate momentum, demonstrating consistent rentals, stable occupancy, and vacancy levels.
With time, buildings require more maintenance and financial institutions prefer space that is strategically located. Thus, the limited supply of Grade-A buildings, like Birla Tower, Hindustan Times House, DLF Capital Point, and a few more, have contributed extensively to increasing the lease rentals in the territory.
In addition to its shopping and dining options, CP is also a major transportation hub, with several metro stations located in the area. It is well-connected to the rest of the city by a network of roads and public transportation options, making it easy for residents and visitors to get around.
Despite its busy and bustling atmosphere, CP is also home to several green spaces and parks, including Central Park and Nehru Park. These parks provide a welcome respite from the hustle and bustle of the city and offer a peaceful place to relax and unwind. Over the years, CP has undergone several renovations and revitalization efforts, to modernize the area while preserving its historic character. These efforts have helped to improve the amenities and attractions in the area, making it even more appealing to tourists and locals alike.
In conclusion, Connaught Place is a vibrant and lively district that offers something for everyone. From shopping and dining to cultural attractions and green spaces, it has something to appeal to people of all ages and interests. It is a must-visit destination for anyone visiting New Delhi and is sure to be a highlight of your trip.
