Khan Market 24th Most Expensive Globally
Analysis based on 8 articles · First reported Nov 19, 2025 · Last updated Nov 19, 2025
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.
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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