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Business real estate report

Khan Market 24th Most Expensive Globally

Analysis based on 8 articles · First reported Nov 19, 2025 · Last updated Nov 19, 2025

Sentiment
50
Attention
4
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The report by Cushman & Wakefield highlights the resilience and growth of high-street retail, particularly in India, which outperformed global and APAC averages. This indicates strong investment opportunities in prime retail locations in India, while also showcasing the shifting landscape of global luxury retail with United Kingdom — Bond Street taking the top spot.

Real estate Retail

Cushman & Wakefield released its 'Main Streets Across The World 2025' report, ranking the most expensive high-street retail locations globally. India — Khan Market in New Delhi, India, slipped one spot to 24th globally but maintained its position as India's most expensive high street, with a 3% annual rent increase. United Kingdom — London's United Kingdom — Bond Street became the world's most expensive retail destination, surpassing Italy — Milan's Italy — Via Monte Napoleone and New York's Upper Hudson s Bay Company — Saks Fifth Avenue. India's retail sector demonstrated exceptional resilience, outperforming global and APAC averages with a 6% year-on-year rental growth. Gurugram's Galleria Market led rental growth in the APAC region with a 25% increase, followed by India — Connaught Place (14%) and India — Kemps Corner (10%). The report also noted India — Anna Nagar Second Avenue in Chennai as APAC's most affordable main street. This growth is attributed to limited mall supply, rising affluence, and evolving consumer preferences, positioning India as a dynamic market in Asia Pacific.

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India — Khan Market is India's most expensive high-street retail location, maintaining its position despite a slight global ranking slip. Its rents increased by 3% year-on-year.
Importance 90.0 Sentiment 50.0
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United Kingdom — Bond Street in United Kingdom — London has become the world's most expensive retail destination, with rents rising 22% in the past year.
Importance 70.0 Sentiment 80.0
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Galleria Market in Gurugram recorded the highest rental increase in the APAC region at 25% year-on-year.
Importance 70.0 Sentiment 90.0
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Italy — Via Monte Napoleone in Italy — Milan, Italy, lost its top position to become the 2nd most expensive main street globally.
Importance 50.0 Sentiment 30.0
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India — Kemps Corner in Mumbai experienced a 10% increase in rent, reflecting the overall positive trend in India's retail sector.
Importance 50.0 Sentiment 60.0
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Archana Aggarwal, Cushman & Wakefield's Asia Pacific Head of Retail Sales & Strategy, commented on the resilience of APAC retail despite economic challenges.
Importance 50.0 Sentiment 60.0
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Italy — Milan's Italy — Via Monte Napoleone slipped from the top spot to become the second most expensive retail street globally.
Importance 50.0 Sentiment 30.0
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Upper Hudson s Bay Company — Saks Fifth Avenue in New York is at third position globally, slipping from its previous second rank.
Importance 50.0 Sentiment 30.0
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India — Anna Nagar Second Avenue in Chennai is noted as APAC's most affordable main street, with rents at USD 25 per square foot per year.
Importance 20.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0.0 Sentiment 0.0
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Importance 0 Sentiment 0
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