Commercial Office Space in Green Park snap shot:
Green Park area in South Delhi has been a preferred commercial office space destination for different businesses mainly for its ability to cater to all types of requirements from A grade office space to affordable segment. The main district center of Green Park is strategically located in the middle of four major roads that connect various parts of Delhi to each other making it perhaps one of the very well connected commercial space locations in entire Delhi. While the main district center of Green park is located right on the main Aurobindo Marg, which further connects it to the main Ring road near Sufderjung Hospital and to the other side its connected by the outer ring toad near IIT flyover and Africa avenue toward suferjung enclave side. Green Park’s strategic provides a very good access to all major areas of business concern such as airport – only 8 km, Connaught place – only 8 KM, Nehru Place -8 km, Saket – 6 KM, Bhikaji Cama only 2 KM. Yellow line of metro has a dedicated metro station for the area. Green Park area has 3 small community and local shopping complexes to cater for commercial office space demand, the dear park community center, Uphaar complex and the Gulmohar complex. Apart from the local community centers that provide excellent office space options, Green Park also has a very well known high street retail market which is home to many international retail players into food and beverage, beauty products, electronics, salons and accessories. Besides the commercial activity, Green Park is predominantly a residential hub with plotted development in gated communities providing home of some of the most elite class of Delhi such as doctors, lawyers, judges, business people, retired army officials etc. Green park is also very popular among expatriates from different countries including the embassy and UN officials. Because its adjoining the historically important Hauz Khas area, there is generally good upkeep of the area along with vast expanses of green spaces such as the Dear Park, rose garden, district park, Hauz Khas lake etc all around.
Average lease rates for commercial office space in Green Park float between 80/sq ft to 150/sq ft. Prime retail spaces could be leased out at as high as Rs 350/sq ft
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