Delhi's Khan Market Sees 8% Rent Hike Driven by High-Street Retail Demand
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Khan Market Rents Soar 8% Amid High Demand, Remains India's Most Expensive Retail Hub
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Storyboard•09-03-2026, 11:23
Khan Market Rents Soar 8% Amid High Demand, Remains India's Most Expensive Retail Hub
•Delhi's Khan Market saw an 8% rent increase last year, driven by strong retailer demand and limited prime storefronts.
•Monthly rentals in Khan Market reached Rs 1,700–1,800 per sq ft in Oct-Dec 2025, maintaining its status as India's priciest high-street retail destination.
•Delhi-NCR high-street retail hubs experienced 2-14% rent hikes, with Gurugram's Galleria Market leading at 14% year-on-year.
•Retail leasing in Delhi-NCR hit 2.25 million sq ft in 2025, an 83% increase from the previous year and the highest since 2019.
•Experts attribute the rise to demand outpacing supply, retailers (F&B, fashion) expanding, and high visibility locations attracting affluent consumers.
