Dearth of Legal Commercial Properties in Delhi

Following the MCD sealing drive, there have been a famine of legal commercial space in Old Delhi and whatever is available is available for a premium. Demand have exceeded supply and this have led to escalation inch commercial place leases in the city.

In the cardinal concern territory (CBD area, or Connaught Place), commercial leases touched Rs 300-310 per sq foot per month, increasing 50-80 per cent year-on-year.

In the secondary concern districts, the addition have been from Rs 150/sq ft/month to Rs 180/sq ft/month in the last six months. In Gurgaon, the norm business office leases have got increased from Rs 50/sq ft/month to Rs 80/sq ft/month, twelvemonth on year. The retail leases in premier marketplaces of Old Old Old Delhi such as as Caravansary Market have got got been touching the highs of Rs 900-1,000/sq ft/month.

With the famine of legally available commercial places in Delhi, Brix Research have compiled vacancy information i.e. through the feet-on-the-street methodological analysis (primary research) we have compiled a listing of vacant units of measurement in critical retail hubs of Delhi NCR. The study sketches a listing of vacant units of measurement in commercial existent estate in Old Old Delhi NCR region.

This is the first of its sort information which is based on reliable marketplace information and may interrupt traditional beliefs and myths like vacancy in retail is generally in promenades and not in high streets or that there is nil vacant in Old Delhi's traditional retail hubs. We give you a low down on vacant commercial places in Connaught Place, Rajouri Garden, Janakpuri District Centre, Defense Mechanism Colony, Greenpark amongst many others and even convey to you vacant unit of measurement lists in the densely jammed old marketplaces of Old Delhi such as as Chandni Chowk and Daryaganj. Finally we walk you down the new retail hubs in the suburbias of Ghaziabad, Gurgaon, Faridabad, Noida and Greater Noida.