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Khan Market was 23rd most expensive retail location globally in last year's ranking. Nevertheless, Khan Market remains India's most expensive high street.
High streets are making a comeback across top cities in India, as Moneycontrol had previously reported, with higher rental yields compared to malls. Industry experts estimate rental yields on high streets to be 10-12 percent, while malls command around 8 percent.
Colliers India estimates that MG Road currently has less than about 8.4 lakh square feet of Grade A office space portfolio spread across the prime CBD.
In Phase 1, the Group will develop 1 mn sq ft of high street retail space. In Phase 2, if the company is able to buy additional FAR, another 1 mn sq ft will be developed in the form of business suites
Retail brands have closed at least 120 lease deals at prominent high street markets across the country between April 2020 and May 2021, revealed a recent report by Anarock Retail.
Parts of Wales, Scotland and south west England lost the most per population between April 2015 and April 2016, according to figures obtained by the BBC.
Prime Property travels to India's most expensive high street this Christmas to try and solve this puzzle, why are retailers willing to pay sky high rentals? Is your New Year resolution to buy a property? Prime Property gives you tips and also rewinds 2015 and reminds you of the biggest deals in India's property market.
Mid and mass-segment brands best placed to tap into tier-II / tier-III potential
High street comes with its own advantages and a preferred destination of big brands. But malls too have something to offer.
The last few months have seen a lot of mid-sized office and mixed-use buildings in Mumbai going under the hammer. Not very surprising, considering the wave of real estate redevelopment that has swept the city.
Hardik Dhebar, Group CFO of Delta Corp, in an interview with CNBC-TV18’s Mitali Mukherjee, spoke about the recent happenings on his Goa Casino's court orders and the litigation procedures.
