From Khan Market to CP: What’s driving rents across Delhi-NCR’s premium retail hubs

Delhi’s prime retail rents saw significant year-on-year increases during the April-June quarter. Khan Market experienced a nine percent rise, retaining its top position as India’s most expensive. South Extension markets recorded the sharpest ten percent rental growth, while other areas showed varied trends. Retail space leasing volumes more than doubled, with malls dominating quarterly take-up. Annual leasing activity reached a six-year high, driven by main street locations.