Khan Market in New Delhi has maintained its status as one of the world's most expensive high-street retail locations, with annual rents reaching $229 per square foot. This reflects India's strong economic growth, which has led to a 9% increase in retail rents, outpacing the global average of 4.4%. In comparison, the priciest retail area globally is Via Montenapoleone in Italy, where rents have surged to $2,047 per square foot.
