Delhi's Connaught Place world's 9th most expensive office area: Report
New Delhi, July 11: Connaught Place in Delhi is the ninth most expensive office location in the world, a CBRE report said here on Wednesday.
"Delhi's Connaught Place moved one notch up to be the ninth most expensive office location with an annual prime rent of $153.26 per square feet from last year's tenth most expensive office location," said the report titled "Global Prime Office Occupancy Costs 2018".
Meanwhile, Mumbai's Bandra Kurla Complex moved down to the 26th position with an annual prime rent of $96.51 per square feet and the central business district in Nariman Point, Mumbai fell from 30th to 37th position with an annual prime rent of $72.80 per square feet, it said.
The most expensive office location in the world is Hong Kong (Central) with annual prime rent of $306.57 per square feet, according to the report. The city held on to the top position for the second consecutive year, it said.
London (West End) and Finance Street in Beijing were second and third in the list.
CBRE's Chairman, India and South-East Asia Anshuman Magazine said: "Strong demand from finance, technology and the e-commerce sectors has fuelled the growth momentum in prime occupancy costs from last year and commercial office market remains a strong growth propeller for the real estate sector."
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UP Cong chief Ajay Rai hospitalised after fainting, stable
Lucknow (PTI): Uttar Pradesh Congress president Ajay Rai was hospitalised here after he fell unconscious due to low sodium levels, party leaders said on Saturday.
They said he was admitted to Medanta Hospital on Friday evening and is stable.
"Ajay Rai was admitted to Medanta Hospital in Lucknow at around 6 pm on Friday after he fell unconscious as his sodium levels had dropped. He fell unconscious at his residence in Lucknow. For the entire day, he was engaged in party programmes and had also gone to the airport," Uttar Pradesh Congress spokesperson Anshu Awasthi told PTI.
Congress in-charge of Uttar Pradesh Avinash Pande told PTI, "Now, he (Ajay Rai) is stable and I am also reaching Lucknow."
Medanta Hospital Director Dr Rakesh Kapoor told PTI that Rai collapsed at his home on Friday evening and was subsequently admitted to the hospital's emergency ward.
Medical examinations revealed that Rai was suffering from a sodium deficiency and elevated blood pressure. Doctors administered immediate treatment and he is doing significantly better now, Kapoor said.
A team of doctors is monitoring his health. Rai is conversing with others and his condition is stable, he added.
In a post on X late Friday night, Prime Minister Narendra Modi wished Rai a speedy recovery.
Rai hails from Varanasi and had contested the 2024 Lok Sabha elections against Modi from the parliamentary constituency. The Congress appointed him as the Uttar Pradesh unit chief in 2023.
