Overview
- Delhi’s Khan Market remains India’s most expensive main street with headline rent around ₹22,000 per sq ft per year (about $223 psf), up roughly 3% year on year.
- India led Asia Pacific rental growth, with Gurugram’s Galleria Market up 25%, Connaught Place up 14%, and Mumbai’s Kemps Corner up 10%.
- Across 16 tracked Indian locations, headline rents rose an average 6% year on year, outpacing the global 4.2% increase and APAC’s 2.1%.
- London’s New Bond Street ranks No. 1 worldwide at $2,231 per sq ft per year, ahead of Milan’s Via Monte Napoleone and New York’s Upper Fifth Avenue.
- Headline averages can conceal sharp micro-level differences, with some prime Khan Market deals reported near ₹2,200 per sq ft per month depending on exact location and frontage.