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Delhi's CP sees 14% rise in retail rent, Khan Market 7% in Jan-Mar: C&W

Business Standard LogoBusiness Standard2d ago

Delhi's CP sees 14% rise in retail rent, Khan Market 7% in Jan-Mar: C&W - Business Standard

Quick Summary:

Monthly rentals at Connaught Place (Inner Circle) -- a prominent high-street retail location in the national capital -- stood at Rs 1,150-1,250 per square foot during the first quarter of 2025, an increase of 14 per cent year-on-year, the data from real estate consultant Cushman & Wakefield showed.

Delhi's Connaught Place saw a 14 per cent annual increase in rentals for retail spaces during the January-March period, while upscale high street location Khan Market witnessed a 7 per cent rise on strong demand from retailers, according to Cushman & Wakefield.

Khan Market, one of the costliest high-street locations globally, commanded a monthly rental of Rs 1,600-1,650 per sq ft in January-March, an increase of 7 per cent year-on-year.

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-13 @ 14:21:11 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27832478

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 284 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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