Delhi-NCR Retail Rents Surge in Q2; South Extension Leads with 10% Rise

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Delhi's premium retail markets recorded notable rent increases in the April–June quarter, with South Extension posting the steepest rise at 10%. Khan Market retained its status as India's most expensive retail destination, registering a 9% year-on-year increase. Retail space leasing volumes more than doubled during the period, with shopping malls accounting for the bulk of quarterly activity. Annual leasing across Delhi-NCR hit a six-year high, largely propelled by strong demand at main street locations.

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