Delhi's Khan Mkt among most expensive location globally

New Delhi: Delhi's upscale Khan Market rank slipped one notch to 24th in a global list of the most expensive high-street retail locations, with an annual rent of $223 per sq ft, according to Cushman & Wakefield. Khan Market was 23rd most expensive retail location globally in last year's ranking. Nevertheless, Khan Market remains India's most expensive high street. As per the Cushman & Wakefield report released on Wednesday, London's New Bond Street has become the world's most expensive retail destination, with an annual rent of $2,231 per square foot per year. Via Monte Napoleone in Milan, Italy, lost its top position to become the 2nd most expensive main street globally with an annual rent of $2,179 per sq ft. New York's Upper 5th Avenue (49th to 60th Sts) is at third position with an annual rent of $2,000 per sq ft, compared to rank 2nd in the last year's list. Global real estate consultant Cushman & Wakefield released its flagship retail report 'Main Streets Across The World 2025' that focuses on headline rents in 138 best-in-class urban retail locations globally. Global index ranks the most expensive main street in each market.