Connaught Place, New Delhi
Business district in Delhi, India / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Connaught Place, New Delhi?
Summarize this article for a 10 year old
Connaught Place, officially known as Rajiv Chowk, is one of the main financial, commercial and business centres in New Delhi, Delhi, India.[3] It houses the headquarters of several noted Indian firms and is a major shopping, nightlife, and tourist destination in New Delhi. As of July 2018,[update] Connaught Place was the ninth most expensive office location in the world with an annual rent of $1,650 per square metre ($153/sq ft).[4][5][6]
Connaught Place | |
---|---|
Business district | |
Rajiv Chowk | |
Nickname: RC/CP | |
Coordinates: 28°37′58″N 77°13′11″E | |
Country | India |
Union Territory | Delhi |
District | New Delhi |
Named for | • Prince Arthur (formerly) • Rajiv Gandhi, Former Prime Minister of India (presently) |
Government | |
• Body | New Delhi Municipal Council |
Languages | |
• Official | |
• Additional official | |
Time zone | UTC+5:30 (IST) |
PIN | 110001[2] |
Lok Sabha constituency | New Delhi |
Civic agency | NDMC |
Public transit | Blue Line Yellow Line At Rajiv Chowk |
The main commercial area of the new city, New Delhi, occupies a place of pride in the city and are counted among the top heritage structures in New Delhi. It was developed as a showpiece of Lutyens' Delhi, with a prominent Central Business District (Delhi). Named after Prince Arthur, 1st Duke of Connaught and Strathearn, construction work began in 1929 and was completed in 1933. It was designed by Robert Tor Russell. It was renamed in 1995 after former Prime Minister of India, Rajiv Gandhi.[3]
The area today falls under the jurisdiction of New Delhi Municipal Council (NDMC) and is therefore allotted a high priority in term of funds for maintenance and upkeep.[7] The New Delhi Traders Association (NDTA) is the association of establishments (like retails stores, restaurants, halls, offices) in Connaught Place. NDTA also plays a major role in liaising with government bodies like NDMC in order to represent the commercial interests and maintenance issues of Connaught Place establishments.
An underground metro railway station built in the area is named Rajiv Chowk metro station.[8]