Premium hospitality property at Connaught Place, New Delhi — 3.5 lakh sqft with immediate possession and negotiable terms.
- 350,000 sqft commercial hospitality space in central Connaught Place
- ₹320 Cr (~₹91,429/sqft) — negotiable terms available
- Immediate possession with full amenities operational
- Complete amenities: lift, 24/7 power backup, water, parking, security & CCTV
- Club, swimming pool, gym, garden — ready-to-operate
Property details
Configuration
- Property type
- Hospitality
- Project category
- commercial
Area & dimensions
- Carpet area
- 350,000 sqft
- Per sqft
- ₹91,429
Move-in & status
- Availability
- Immediate
About this listing
Hospitality for sale in Connaught Place, Delhi at Shingri-la. This space offers 3,50,000 sq ft of carpet area.
Price Details
This property is on the market at ₹3200 Cr, which works out to about ₹91,428 per sq ft of carpet area. The price is negotiable.
Possession
The space is available for immediate possession.
The Space
The unit is suited to F&B and hospitality use.
Amenities
For security, the property offers security and CCTV surveillance. Everyday essentials include power backup, 24×7 water supply, a lift and visitor parking. Lifestyle amenities include a gym, a swimming pool and a clubhouse. Outdoor and family spaces include a garden.
Highlights from the Lister
- 350,000 sqft commercial hospitality space in central Connaught Place
- ₹320 Cr (~₹91,429/sqft) — negotiable terms available
- Immediate possession with full amenities operational
- Complete amenities: lift, 24/7 power backup, water, parking, security & CCTV
- Club, swimming pool, gym, garden — ready-to-operate
- Premium hospitality property at Connaught Place, New Delhi — 3.5 lakh sqft with immediate possession and negotiable terms
At a Glance
- Type: Hospitality
- Location: Connaught Place, Delhi
- Area: 3,50,000 sq ft carpet
- Price: ₹3200 Cr
- Rate: ₹91,428 per sq ft
- Status: Ready to move
Interested? Send an enquiry through this page to arrange a site visit and confirm current availability.
Amenities
- Lift
- Power Backup
- Water Supply 24x7
- Visitor Parking
- Security
- Cctv
- Gym
- Swimming Pool
- Club
- Garden
Location
Living in Connaught Place
Connaught Place (CP), officially Rajiv Chowk, is New Delhi's historic Georgian-circular Central Business District built in 1929-33 under NDMC jurisdiction, ranked among the world's priciest office markets while doubling as the city's premier shopping, dining and heritage-tourism hub anchored by the Rajiv Chowk metro interchange.
- Unmatched transit hub: Rajiv Chowk metro (Blue + Yellow Line interchange) sits directly beneath CP, one of Delhi Metro's busiest stations, backed by dense bus/auto links and radial roads to all of Delhi.
- Prestige commercial address: CP's CBD ranked among the world's top-10 and Asia-Pacific's costliest office markets (CBRE/Knight Frank), hosting major corporate, banking and financial-services HQs.
- Iconic Lutyens'-era heritage: circular Georgian colonnades (built 1929-33) ring Central Park, with nearby Jantar Mantar and Agrasen ki Baoli, making CP one of Delhi's most recognisable heritage precincts.
- Premier shopping and entertainment hub: flagship international/Indian retail brands, Palika Bazaar, legacy cinemas (Regal/Plaza/Rivoli, now PVR) and Madame Tussauds draw visitors daily.
- Central Park hosts recurring cultural festivals, and old-world restaurants (Wenger's, United Coffee House) keep CP's dining and nightlife scene lively into the evening.
- Active NDMC redevelopment - facade repair, road resurfacing, heritage retrofitting - is underway across the Inner, Middle and Outer Circles.
- Chronic traffic congestion and acute parking scarcity; even the automated multi-level Capitol Point car park has suffered from underuse and slow vehicle retrieval times.
- Heavy footfall causes overcrowding, especially on weekends and holidays, straining walkways and civic amenities.
- Heritage restoration has faced repeated delays and cost overruns (e.g., post-2010 Commonwealth Games revamp), and CP saw a visible decline in upkeep by the early 2020s before NDMC's latest renewal push.
CP is Delhi's best-connected commercial core. Rajiv Chowk metro station, directly beneath Central Park, interchanges the Blue and Yellow Lines and is among the network's busiest stations; a Magenta Line extension toward Indraprastha is under survey to add a second interchange.
New Delhi Railway Station is about 2 km away, and CP sits at the hub of radial and ring roads linking Parliament Street, Barakhamba Road and Janpath to the rest of Delhi-NCR, with frequent DTC buses and autos supplementing metro access.
CP itself hosts Lady Hardinge Medical College and its associated Sucheta Kriplani Hospital, a Delhi University-affiliated women's medical college on the Parliament Street side of the district. Just outside CP's circles are two of Delhi's oldest schools: Modern School, Barakhamba Road (founded 1920) and the all-girls Convent of Jesus & Mary near Gol Dak Khana (founded 1919), both long-established CBSE institutions.
CP itself is overwhelmingly commercial, so most other schooling options lie in surrounding New Delhi district areas.
Connaught Place is one of Delhi's largest financial, commercial and business centres, housing headquarters of major Indian firms plus international banks and corporates concentrated along Barakhamba Road and Kasturba Gandhi Marg.
Its CBD has repeatedly ranked among the world's and Asia-Pacific's costliest office markets in CBRE and Knight Frank surveys (9th-most-expensive globally in 2018-19, about $144/sq ft/year), reflecting sustained demand from BFSI, legal, aviation and consulting occupiers alongside a dense retail and hospitality trade.
CP is a major Delhi tourism draw in its own right, prized for its Lutyens-era circular Georgian architecture around Central Park. It directly hosts or borders the 1724 Jantar Mantar observatory (on Parliament Street), the historic Hanuman Temple, the step-well Agrasen ki Baoli, and Birla Mandir just to its west; India Gate and Parliament House lie a short distance away.
Palika Bazaar and Janpath's handicraft markets add to its status as a must-visit shopping-cum-heritage stop for visitors.
CP has been New Delhi's entertainment hub since the 1930s-40s, when the Regal, Plaza, Rivoli and Odeon cinemas opened; Plaza and Rivoli now run as PVR multiplexes, and the former Regal Building houses Madame Tussauds Delhi.
Central Park regularly hosts cultural festivals (Urdu Heritage Festival, youth and music events), while legacy eateries like Wenger's, United Coffee House and the Embassy Restaurant sit alongside modern restaurants, cafes and bars that keep the circles busy into the evening.
CP sits within the well-serviced NDMC area, which manages its roads, water, sewerage, electricity and heritage upkeep. NDMC is currently executing a multi-crore renovation of the Inner, Middle and Outer Circle roads and footpaths, following earlier heritage facade restoration and earthquake-retrofitting studies (SPA, RITES), plus an automated multi-level car park (Capitol Point, about 1,400 vehicles) built via a DLF-NDMC public-private partnership.
A Magenta Line metro extension near CP is also under survey to ease congestion.
Project & building
Questions about this listing
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Connaught Place
Listed at Shingri-la
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Frequently asked questions
What is the price of No-19 Ashoka road?
₹ 3200 Cr. That's ₹ 91,429/sqft for 350,000 sqft carpet area.
Where is this property located?
Connaught Place, Delhi. Project: Shingri-la.
Is the price negotiable?
Yes — owner has marked this listing as negotiable.
When is possession of this property?
Possession: Ready to move.