Stringent social-distancing norms, rising infections and failed rent negotiations see businesses exit India's most expensive retail location.
Monthly rentals at Khan market stood stable at Rs 1,250 per sq ft in the past one year, but still its ranking improved. In the 2016 report, it was placed 28th.
"CAIT has shot up a communication to Actor Salman Khan urging him to withdraw the name of Khan Market from his web portal 'khanmarketonline.com' which he has announced on his birthday on December 27, 2015," the traders' body said a press release.
According to Harish Salve, one should agree in advance that if one overstays, they will pay for damages on the basis of market rate of the property as fixed in the ready reckoner which will save the landlord from running around getting valuation reports, putting expert witnesses.