Why are rents in Delhi's Khan Market hitting record highs?

Vaishnavi Mishra, Published on Jul 12th, 2026

Why are rents in Delhi's Khan Market hitting record highs?

Monthly rent for retail spaces in Delhi's Khan Market rose 9% YoY driven by surging retail demand and severe space constraints, according to Cushman & Wakefield. Leasing activity across Delhi-NCR has more than doubled, and high-footfall destinations remain top priority for premium brands. Malls accounted for 63% of quarterly leasing, while high streets accounted for remaining 37% across Delhi-NCR.

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