What is driving record rent increases in Delhi's Khan Market?
According to Cushman & Wakefield, monthly retail rents in Delhi's Khan Market have climbed 9% compared to last year, fueled by high demand and a significant shortage of available space. Across the Delhi-NCR region, leasing activity has more than doubled, with luxury brands continuing to prioritize locations that attract heavy foot traffic. During the quarter, shopping malls represented 63% of all leasing deals, while high-street locations made up the other 37%.