Delhi’s charming Khan Market has once again shown it’s the king of India’s retail streets! According to Cushman & Wakefield’s new report, it stands tall at 24th place among the world’s most expensive shopping roads. With rents rising 3% to a whopping USD 223 per square foot per year, Khan Market remains the priciest high street in India. This rise tells a story of strong demand and top brands flocking here. Though Khan Market slipped just one rank from 23rd to 24th globally, it stands firm as India's most beloved retail hotspot, fighting off tough competition from international luxury shopping hubs. Zooming out, the global luxury crown now sits on London’s New Bond Street, which jumped ahead with a stunning 22% rent hike, reaching USD 2,231 psf/yr. It knocked Milan’s Via Montenapoleone and New York’s Upper Fifth Avenue down the list. This index gives a sneak-peek into fancy shopping lanes worldwide, many buzzing with luxury brands and cool experience-driven stores. The report highlights a bright recovery in retail rents worldwide. Around 58% of main retail streets saw rent jumps thanks to tight space, brands expanding, and shoppers opening their wallets more. On average, global retail rents grew 4.2%. Americas led with a 7.9% boost, Europe followed with 4%, and Asia Pacific moved slower at 2.1%, held back by challenges in parts of China and Southeast Asia. Back home, India outshone many with a lively 6% rent jump across 16 key shopping streets. Gurgaon’s Galleria Market was the star with a dazzling 25% rent rise! Delhi’s Connaught Place and Mumbai’s Kemps Corner jumped too, with 14% and 10% respectively. This hot market spark is due to fewer new malls, more rich shoppers, and changing habits that favor vibrant high streets. At the other end, Chennai’s Anna Nagar 2nd Avenue offers a bargain at USD 25 psf/yr, showing India’s vast range of retail choices. Gautam Saraf of Cushman & Wakefield said, “India’s high streets are demonstrating exceptional resilience and growing global prominence. Premium destinations like Khan Market, Connaught Place, and Galleria Market are attracting international and domestic brands, driven by rising affluence and evolving consumer preferences.” He added, “With limited mall supply, retailers increasingly view high streets as strategic hubs for visibility, footfall, and experiential engagement—so much so that high streets have accounted for more than half of India’s retail leasing activity year-to-date.” In short, Delhi’s Khan Market is not just shopping – it’s a shining example of India’s retail magic on the global stage!