Connaught Place / Lutyens Delhi (trophy, ~₹220/sqft/mo · ≈ $31.7 PSF/yr USD) is one of 5 Delhi-NCR Class A submarkets we track.

  • Connaught Place / Lutyens Delhi sits at trophy tier.
  • Average rent ₹220/sqft/mo · ≈ $31.7 PSF/yr USD vs city average 130.
  • Compared submarkets: Cyber City Gurugram (trophy), Golf Course Road & Extension (trophy), Noida Sector 132 / Expressway (prime).

Connaught Place / Lutyens Delhi vs other Delhi-NCR submarkets

Connaught Place / Lutyens Delhi (trophy, ~₹220/sqft/mo · ≈ $31.7 PSF/yr USD) is one of 5 Delhi-NCR Class A submarkets we track.

TL;DR

  • Connaught Place / Lutyens Delhi sits at trophy tier.
  • Average rent ₹220/sqft/mo · ≈ $31.7 PSF/yr USD vs city average 130.
  • Compared submarkets: Cyber City Gurugram (trophy), Golf Course Road & Extension (trophy), Noida Sector 132 / Expressway (prime).

Side-by-side with peers

**Cyber City Gurugram** (trophy, ₹145/sqft/mo · ≈ $20.9 PSF/yr USD) — Trophy IT park complex. **Golf Course Road & Extension** (trophy, ₹155/sqft/mo · ≈ $22.3 PSF/yr USD) — Premium trophy axis. **Noida Sector 132 / Expressway** (prime, ₹110/sqft/mo · ≈ $15.8 PSF/yr USD) — Tech and back-office expansion. **Aerocity (Airport Corridor)** (prime, ₹130/sqft/mo · ≈ $18.7 PSF/yr USD) — Trophy hospitality and HQ corridor.

Key facts

cityDelhi-NCR
submarketConnaught Place / Lutyens Delhi
tiertrophy
averageRentLocal₹220/sqft/mo · ≈ $31.7 PSF/yr USD
cityClassARentUsd$19/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What other submarkets compete with Connaught Place / Lutyens Delhi in Delhi-NCR?
Cyber City Gurugram, Golf Course Road & Extension, Noida Sector 132 / Expressway

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Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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