Despite the traffic, parking chaos and many new development of other business districts in Delhi NCR over the years, Connaught Place and surrounding areas still remain is New Delhi’s most prestigious business addresses for both commercial office and retail activity because of its strategic location. A business address of Connaught place automatically provides a certain degree of credibility to an organization. Rentals of most grade A buildings in Connaught place are amongst the highest in world! The long overdue recently finished redevelopment by local municipal body NDMC has also added to the overall charm and infrastructure of CP. Most Indian and International corporate houses mainly into finance, airline, travel, banking, forex, and real estate houses have their head offices in one of the high rises that are around the periphery of Connaught place Circle.
The main Connaught place area that is distinguished by white color colonial era blocks is mainly the center for retail activity has 12 blocks, and is spread across inner, middle and outer circle. Inner circle being the most sought after destination for retailers has countries most prestigious brand names in the field of fashion, electronics, food and beverage while, the outer circle is mainly occupied by retail cum office activity businesses such as finance, forex, travel agents, banks, etc. Most of multistory office spaces are located on the peripheral roads that converge in to Connaught place from all different direction, such as the K G marg, Barakhamba road, Parliament Street, Tolstoy Rd, Baba Khadag Singh Marg, etc.