Question: According to the recent report of Property Advisory firm ‘Cushman and Wakefield’, what is the place of Delhi in the list of world’s most expensive office places?
(a) 82nd
(b) 83rd
(c) 84th
(d) 85th
Answer: (c)
Related facts:
- In December, Property counseling firm ‘Cushman & Wakefield’ released a list of the world’s most expensive office locations.
- According to this list Delhi is 84th in this context.
- Delhi has an annual cost of $ 5,392 per workstation (Rs 3.5 lakh).
- Based on the cost of approximately Rs 430 per square foot per month, the cost of each workstation in Delhi NCR is Rs 3, 51,008 per year which is the highest in India.
- The above list was released under ‘Office Space across the World, 2017’.
- The Hong Kong is at the top position (first place) in the list with an annual cost of $ 27,431 Per Work Station.
- This is followed by the position of London and Tokyo.
- After Delhi, the rest of India’s offices are out of top 100 rankings.
- In India, the Bandra-Kurla Complex (Mumbai) is the second most expensive place with a rent of more than two lakh rupees per Work station.
- Mumbai’s BKC remained 163rd in the global list.
- CBD of Kolkata 207th, Pune’s CBD 210th, Chennai’s suburban South 211th, Bangalore’s outer ring road 213th, Hyderabad’s Madhopur 214th and Ahmedabad’s SG Highway got the 215th
Reference:
http://www.cushmanwakefield.com/en/news/2017/11/office-space-across-the-world-2017/
http://www.cushmanwakefield.com/en/research-and-insight/2017/office-space-across-the-world/
http://www.moneycontrol.com/news/business/real-estate/delhi-ncr-84th-most-expensive-office-location-globally-report-2458979.html
http://www.thehindubusinessline.com/news/real-estate/delhincr-84th-most-expensive-office-location-globally/article9988997.ece