Khan Market in New Delhi has retained its position as one of the most expensive high-street retail locations globally due to strong economic growth in India.
Retail rents in 16 locations in India saw a significant 9% increase during the quarter, outpacing the global average growth rate of 4.4%. This trend highlights the resilience and expansion of the Indian retail market in a competitive global landscape.
As of September, the annual rental cost for retail space in this upscale area is $229 per square foot, surpassing Toronto's Bloor Street by $7.
Retail rents in 16 locations in India saw a significant 9% increase during the quarter, outpacing the global average growth rate of 4.4%.
This trend highlights the resilience and expansion of the Indian retail market in a competitive global landscape.
This trend highlights the resilience and expansion of the Indian retail market in a competitive global landscape.
This trend highlights the resilience and expansion of the Indian retail market in a competitive global landscape.