Delhi's CP 9th most expensive commercially

Hong Kong (Central) is the world's highest-priced office market, London's West End comes second

Connaught Place in New Delhi has been ranked the ninth-most expensive prime office market in the world -- down from seventh last year -- with an occupancy cost of $153.89 per square foot per annum, according to a survey.

According to the bi-annual Global Prime Office Occupancy Costs Survey of US-based CBRE, Mumbai’s Bandra Kurla Complex (BKC) moved one notch down from 19th to 20th while the CBD (Central Business District) of Nariman Point, also in Mumbai, ranked 33rd on the list of the top 50 most expensive office markets in the world.

Global prime office occupancy costs include rent, in addition