Delhi’s Khan Market, World’s 28th Most expensive retail location

Delhi’s Khan Market, World’s 28th Most expensive retail location.According to the report of commercial Real-estate agent Cushman & Wakefield, New Delhi’s Khan Market has moved by down 2 spots on its global retail ranking to become the world’s 28th most expensive retail location globally.Delhi’s Khan Market, World’s 28th Most expensive retail location . Cushman & Wakefield s

annual report ‘Main Streets Across the World’ tracks over 500 top retail streets around the globe, ranking the most expensive in each country by their prime rental value.

iii. Khan Market is centrally located within the city of New Delhi and is surrounded on all sides by high-end residential areas which makes due to which it is the most expensive market in India for more than five years and thus the demand to hire a retail space in the market also continues to remain costliest. Monthly rentals at Khan market is Rs 1250 per sq ft annually.

iv. In India, the three most expensive retail markets are located in Delhi-NCR. Khan Market and Connaught Place in New Delhi demand the highest rentals of Rs 1,250 a sq ft per year and Rs 850 per sq ft a year respectively while the DLF Galleria in Gurgaon, is the 3rd most expensive location.

List of Top 5 Expensive Retail Market

1 New York Upper 5th Avenue

2 Hong Kong Causeway Bay

3 Paris Avenue des Champs Elysees

4 London New Bond Street

5 Tokyo Ginza

Delhi’s Khan Market, World’s 28th Most expensive retail location