Defence Colony is a very popular choice for people looking to set an office space in Delhi at a prestigious location with excellent connectivity. Itss located in central South Delhi with Lajpat Nagar and South Extension on east, and west side respectively, and Andrews Ganj ( ring road) and Barapula elevated bridge on north and south side respectively. Built in 1960’s by Ex -Defence personals however, today it is home to dignitaries from all walks of life which includes renowned businessmen, artists, diplomats and sportsmen etc.
For decades Defense Colony has been one of the most favorite meeting point for people from all parts of Delhi which helped in its development as one of the best hang out area for food lovers it is still one of the good markets but because of lack of variety and space on one side and on other side completion i.e better places and newer brands opening up all around Delhi it has lost its sheen, but gold is still gold it has not become brass! The famous South Indian food chain Sagar Ratna finds its roots in this market only, other old favorites are Kents, Colonels Kabaz and Kents to name a few. Other than the old market a new commercial belt has developed very fast in the past 2-3 years on the road opposite to Lajpat Nagar and got itself a place in the must visit list of designer wear shoppers in Delhi with many big names like Rohit Bal, Tarun Thiliyani etc operating their huge showrooms from there. From the point of opening an office it is an excellent location because of superb connectivity through both metro and road however because of lack of availability ( because it being a favorite of retailers who have a higher rent paying capacity ) the prices of acquiring real estate are slightly higher than that on a comparative location . Having said that many discerning media, advertising, aerospace and defense sector companies also show keen interest in setting up office space in Defence Colony for its posh locals and excellent connectivity with govt office corridors.
Because of its central location most of the areas in Delhi along with all areas of NCR are very well connected to it , namely Gurgaon ( through MG road and ring road-NH-8), Faridabad ( through Mathura Road) and Noida ( through Barapulla and ring road ) are very easily accessible Via both metro and road very conveniently.
Average rentals for commercial office space hover around 100/sq ft and 175/sq ft. Average office space size is around 3000 sq ft.
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