Who Owns Khan Market in Delhi? The Secrets of India's Costliest Retail Hub

Jan 03, 2025 Komal Das

Khan Market, in the heart of New Delhi, is one of India’s priciest retail hubs, famous for its luxury shops, high-end restaurants, and branded stores

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Khan Market is owned by private landlords, managed by the KMVA, with land owned by the DDA. Rent for prime spaces is ₹1,000-₹1,200 per square foot

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Prime Location: Located near India Gate and Connaught Place, Khan Market is a prime spot for both global and local brands

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Historical Roots: Developed in the 1950s and named after freedom fighter Khan Abdul Ghaffar Khan

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Luxury Brands: Home to high-end brands like Apple, Rolex, and Montblanc

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Top-Ranked Retail Spot: Ranked as one of the world’s most expensive retail streets

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Blending Old and New: The market mixes modern luxury stores with traditional shops selling books, spices, and antiques

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Economic Hub: Despite its small size, it generates significant revenue and attracts a mix of tourists, diplomats, and businesses

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High Demand: Limited space and high demand have driven rents up over the years

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Khan Market is a cultural and economic landmark, blending luxury with history. Its private ownership and high rental yields make it one of India’s top retail destinations

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