India is home to some of the most luxurious shopping streets in the world. These high streets are known for their expensive brands, high rents, and elite clientele. In 2024, the following 10 streets stand out as the most expensive in the country.
While global rents rose by 4.4% last year, Asia Pacific’s growth slowed from 5.3% to 4.2%. However, India, the world’s fifth-largest economy, showed strong rental growth, according to Cushman & Wakefield research. Retailers continue to target prime locations in India, making these high streets the most expensive for rentals in 2024.
Khan Market, located in New Delhi, with the rent of Rs.18,910 per square ft., stands as the most expensive high streets in India in 2024, followed by Connaught Place, Galleria Market and Linking Road.
Here is the list of top-10 most expensive high streets in India in 2024:
India’s Most Expensive High Streets in 2024 | |||||
Rank | Location | City | Rent (INR/ sq.ft/ yr) | Rent (USD/ sq.ft/ yr) | YOY Change (LCY) |
1. | Khan Market | New Delhi | Rs.18,910 | $229.00 | 7% |
2. | Connaught Place | New Delhi | Rs.13,055 | $158.00 | 5% |
3. | Galleria Market | Gurgaon | Rs.11,800 | $143.00 | 0% |
4. | Linking Road, Western Suburban | Mumbai | Rs.10,140 | $123.00 | 8% |
5. | Park Street | Kolkata | Rs.7,665 | $93.00 | 10% |
6. | Fort/Fountain, South Mumbai | Mumbai | Rs.6,600 | $80.00 | 12% |
7. | Kemps Corner, South Mumbai | Mumbai | Rs.5,940 | $72.00 | 5% |
8. | Brigade Road | Bengaluru | Rs.4,690 | $57.00 | 0% |
9. | MG Road | Pune | Rs.4,280 | $52.00 | 20% |
10. | Indiranagar 100 Feet Road | Bengaluru | Rs.3,870 | $47.00 | 32% |
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