During January-March at Connaught Place in the capital Delhi, the fares of the retail site increased by 14 percent annually. Kushman & Vackfield has given this information. On the other hand, the fare increased by seven percent due to strong demand from retailers in Khan Market in Delhi.
Data from Real Estate Advisor Kushman and Vacfield suggests that the monthly fare in Connaught Place (Inner Circle) in the national capital was Rs 1,150–1,250 per sq ft in the first quarter of 2025. This is 14 percent more on a annual basis.
Khan market is the most expensive
Among the most expensive places in the world, the monthly fare in January-March in a Khan Market was Rs 1,600-1,650 per sq ft. This is seven percent more on a annual basis. Kushman & Vackfield said that the fare is based on the carpet area of the store located on the ground floor. Let me tell you that Khan market is a VIP market in a way. There are other shops including restaurants, clothes showrooms, cafes.
During January-March this year, the fare of Delhi’s Greater Kailash-1 M-block market increased by 12 percent to Rs 475-500 per sq ft. The fare of retail places in Kamla Nagar Market of North Delhi increased by 25 percent to Rs 480-510 per month.
Noida Sector 18 did not increase fare
The retail fare in Lajpat Nagar increased nine percent to Rs 290-310 per square foot per month, while the fare in Punjabi Bagh in West Delhi increased by eight percent to Rs 250-270 per square foot per month. The report said that the main road fare in Galleria Market of Gurugram increased by 20 percent to Rs 1,150-1,250 per month on an annual basis. The fare in Noida Sector-18 market remained stable at Rs 200-225 per square foot per month. Let us tell you that Noida Sector 18 Market is the most congested market, here you get street food very cheap.