Delhis CP See 14 PC increase in rental for retail spaces, Khan Market 7 PC in Jan-Mar: C&W

According to Cushman & Wakefield, an annual increase in the High Street location Khan Market in New Delhi’s Connaught Place, there was an increase in January March, according to Cushman & Wakefield. Monthly rent at Connaught Place stood a prominent shopping mall in the street in the national capital at £ 1,150-1,250 per square feet during the first quarter of 2025, a 14 percent increase on an annual basis, the data from real estate consultant Cushman & Wakefield showed. Khan Market, one of the most expensive locations of the high street worldwide, ordered a monthly rent of £ 1,600-1,650 per square meter in January-March, a 7 percent increase on an annual basis. Cushman & Wakefield said the paper is based on the carpet area of ​​vanilla stores on the ground floor. The rent at Delhi’s Greater Kailash-I M-Block market rose 12 percent to £ 475-500 per square meter during January March. Kamla Nagar Market in North Delhi recorded a 25 percent increase in rent for retail spaces at £ 480-510 per square meter per month. Retail space in Lajpat Nagar rose 9 percent to £ 290-310 per square meter per month, while rental at West Delhi’s Punjabi Bagh rose 8 percent to £ 250-270 per square meter per month. Karol Bagh had a modest increase of 3 percent to £ 390-400 per square meter per month. Monthly rent in Delhi’s South Extension and Rajouri Garden Markets remained stable at £ 800-850 and £ 250-260 per square meter respectively. “Rent from Main Street in Galleria Market was a 20 percent growth on the year-on-year basis,” the report states. Monthly rent at Gurugram’s Galleria market rose to £ 1,150-1,250 per square meter. Gurugram’s sector 29 Market, an important F&B hub, was a 13 cents rental growth on an annual basis to £ 180-190 per square meter per month. Rent at the Noida Sector 18 Market remained stable at £ 200- “225 per square feet per month. According to Cushman & Wakefield data, leasing retail space in malls and high streets in Delhi-NCR 57 percent in January march to 4.08 lakh square meters increased from the annual period of 2.6 Lakh Has a 52 percent share in quarterly leasing, followed by Noida and Delhi.