Khan Market in Delhi ranks as the 22nd priciest retail street globally, with rents rising 7%.

Khan Market in Delhi has been ranked the 22nd most expensive retail street globally, according to Cushman & Wakefield's latest report. It maintains its position as India's priciest retail location with annual rents of $229 per square foot, up 7% from last year. Milan's Via Montenapoleone now ranks as the world's most expensive retail destination, overtaking New York's Upper 5th Avenue. The report highlights strong rental growth in India’s retail market, driven by robust demand and limited retail space, signaling a promising future for high-end shopping destinations.

November 21, 2024
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