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Khan Market is one of the most expensive retail locations in India, known for its high-end shops, restaurants, and cafes. The market is located in New Delhi and is considered one of the most upscale areas in the city. The demand for commercial space in Khan Market is high, which has resulted in a significant increase in rental prices in recent years.
The average rent for a commercial space in Khan Market ranges from INR 1800 to INR 2200 per square foot, depending on the location, size, and type of property. For example, a small retail space in a prime location can cost anywhere from INR 1800 to INR 2200 per square foot, while a larger commercial space in a prime location can cost up to INR 2000 per square foot.
The high rental prices in Khan Market are due to its prime location, high foot traffic, and upscale reputation. The market attracts a large number of affluent consumers, making it a popular destination for luxury brands and high-end retailers. Additionally, the market is located in a densely populated area, with a large number of residential and commercial properties in close proximity.
Despite the high rental prices, many businesses are still eager to secure a location in Khan Market due to its prestige and exposure to affluent consumers. Some businesses are willing to pay a premium to secure a prime location in the market, as they believe that the high foot traffic and upscale reputation of the market will drive sales and increase their brand visibility.
In conclusion, Khan Market is one of the most expensive retail locations in India, with rental prices ranging from INR 1800 to INR 2200 per square foot. The high rental prices are due to the market’s prime location, high foot traffic, and upscale reputation, which attracts a large number of affluent consumers and luxury brands. Despite the high rental prices, many businesses are still eager to secure a location in the market due to its prestige and exposure to affluent consumers.
Famous Restaurants in Khan Market :
Khan Market is known for its high-end restaurants and cafes, offering a range of cuisines and dining experiences. Some of the most famous restaurants in Khan Market include:
- Karim’s: A popular eatery serving traditional Mughlai cuisine, known for its kebabs and biryanis.
- Big Chill: A cafe and patisserie offering a range of desserts, pastries, and Italian cuisine.
- The Yellow Chilli: A fine dining restaurant serving contemporary Indian cuisine, known for its innovative dishes and elegant atmosphere.
- Imperfecto: A popular bar and restaurant offering a range of cocktails, international cuisine, and live music.
- The All-American Diner: A classic American diner serving burgers, milkshakes, and other classic American dishes.
- The Big Wong: A Chinese restaurant serving authentic Cantonese cuisine, known for its dim sum and stir-fry dishes.
- The Saffron Palate: A fine dining restaurant serving traditional Indian cuisine, known for its elegant atmosphere and high-quality ingredients.
- The Beer Cafe: A popular bar and restaurant offering a range of beers and pub food.
These are some of the most famous restaurants in Khan Market, offering a range of cuisines and dining experiences to suit different tastes and preferences.
Looking for a shop for rent in khan market?
If you’re looking to rent a shop in Khan Market, Delhi, it’s important to consider the following factors:
- Budget: Determine the budget you have for renting a shop in Khan Market and keep in mind that rental prices can vary greatly depending on the location, size, and type of property.
- Location: Consider the location of the shop, as it can greatly impact the foot traffic and visibility of your business. Choose a location that is easily accessible and visible to potential customers.
- Size: Consider the size of the shop, as it will impact the rent and the layout of your business. Choose a size that is appropriate for your business needs and budget.
- Type of property: Consider the type of property you want to rent, such as a standalone shop or a space in a shopping center. Each type of property has its own advantages and disadvantages, so choose one that best suits your business needs.
- Lease terms: Be sure to carefully review the lease terms before signing a rental agreement. Make sure you understand the terms of the lease, including the rental price, security deposit, maintenance charges, and other expenses.
- Legal requirements: Make sure you comply with all the legal requirements for setting up a business in Khan Market, including obtaining the necessary licenses and permits.
You can search for available shops for rent in Khan Market using online real estate portals, classifieds websites, or by contacting expert real estate agents such as SouthDelhiFloors.com who specialize in commercial properties in the area.
Just Call 9999004511 to initiate your commercial search in Khan Market.