The general belief regarding property valuation in Delhi is that Central Delhi and South Delhi are the most costly areas to buy or rent an office space in Delhi. The same acts as the biggest resistance in even considering an office in Central Delhi as an option, especially amongst companies moving to Delhi from an outside state.They think even if they are able to find an affordable office it will be in a low grade building or in a congested locality or it will have problem in access etc.
I am glad to inform you that we have multiple pocket friendly options for companies looking for office space in Central Delhi on rent . To begin with we would define our territory – Central Delhi area is ideally all the locations in about 5 Km radius of Connaught Place.
Let us first of all start from Cannaught Place- The myth is that offices are very costly in Cannaught place. However the fact is that a lot of buildings in CP work on carpet area so when they ask for a rent of Rs.200/sqft they are actually asking for a rent of just about Rs.120 /sqft on super area for any area with around 60% efficiency ( the prevalent efficiency of most of the office buildings in NCR). So, next time you see a listing with a high rent please first of all find out about the efficiency ratio. Another helpful thing while taking an area in a carpet area building is that you pay maintenance charges on carpet area which will always be around 40% less in comparison to what you will end up paying in a super area building.
Affordable Office Space in Central Delhi
5km Radius from Connaught Place
Listed Rate (Carpet Area)
Effective Rate (Super Area)
With 60% efficiency
Affordable Areas in Central Delhi
Jhandewalan
₹60-100/sqft
Karol Bagh
₹60-100/sqft
Moti Nagar
₹60-100/sqft
Pusa Road
₹60-100/sqft
Available Options
- Air-conditioned office towers
- Converted industrial buildings
- Flatted factories
- 4-5 star hotel office spaces
Cost Benefits
- Lower maintenance on carpet area
- 40% savings on maintenance
- Competitive rentals
- Grade A options available
Rental Range in Western Central Delhi
On covered area basis
Now considering roughly a 5 Km radius from connaught place we see that towards the north, east and south we don’t see a lot of options but towards west we have multiple. Starting from Rama Krishna Ashram metro station to Kirti Nagar metro station we have numerous options in localities like Jhandewalan, DB Gupta Road, Bada Hindu Rao in Karol Bagh, Pusa Road, Shivaji Marg in Moti Nagar, Rama Road in Moti nagar etc have multiple pocket friendly options ranging from Rs60-Rs 100/ sqft on covered area. There are options in centrally air conditioned office towers, converted industrial buildings, flatted factories and some 4-5 star hotels which offer A grade office space in Central Delhi at a much lower rental than a similar building ( at times inferior in both aesthetics and construction quality ) in Connaught Place.
We have expertise in the office space market of Delhi through our experience of more than one and half decade in the industry. Customer satisfaction is our prime motto and we will be more than happy to share our learnings with you and help you get an affordable office on rent in Central Delhi. Look forward to showing you some spaces soon for your new office space in Delhi on rent.