Connaught Place (CP) is the commercial and cultural heart of New Delhi, built in the 1930s as a Lutyens-era Georgian shopping district with concentric Inner, Middle, and Outer Circles radiating from Rajiv Chowk. Nearly a century later, it remains one of the most recognisable business addresses in North India, housing corporate offices, flagship retail stores, embassies, and heritage hotels within walking distance of Parliament Street and the Rashtrapati Bhavan estate.
CP's commercial real estate remains among the costliest in Delhi. Connaught Place (CP) is Delhi's premier business hub, offering high-end office spaces and retail showrooms for sale, and CP is the perfect location for investors, business owners, or those looking for expansion. Office spaces for sale here range from 800 to 2,500 sq. ft with prices between ₹31,000 to ₹50,000 per sq. ft.
Residential supply in and around CP is scarce and largely concentrated in builder floors on Barakhamba Road, Kasturba Gandhi Marg, and adjoining Lutyens pockets, making any new branded residential launch here a rare event. In Delhi, Connaught Place is the most prestigious and well-known area for both business and living.
Prestige Group has now entered this micro-market with a premium residential development positioned on Kasturba Gandhi Marg, adjacent to CP. Prestige Connaught Place (often marketed as Prestige 9 KG Marg) is an ultra-premium residential project by Prestige Group located near Connaught Place and Kasturba Gandhi Marg. This marks Prestige's entry into Lutyens Delhi's ultra-luxury housing segment, targeting buyers who want a Prestige-branded address at the geographic centre of the capital.
Connaught Place sits at the intersection of Delhi's road and metro networks, making it one of the best-connected addresses in the city.
CP's central location puts premier institutions, healthcare, and retail within a short drive.
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