Khan Market in New Delhi is the most expensive retail market in India and ranks 24th globally, with annual rents reaching approximately $ 223 $ 2 2 3 per square foot, or roughly ₹19,330 per sq ft per year. It remains a top-tier destination for high-end brands due to its, prime location and high consumer spending.
Which is the most expensive shopping market in India?
While its global ranking slipped slightly from 23rd to 24th, Khan Market remains India's most expensive high street, reflecting resilience and enduring appeal amid a competitive global landscape.
Khan Market became India's costliest retail street. Again. At $223 per square foot per year, it ranked 24th globally. (The only Indian street in the world's top 25.)
Mumbai Tops as India's Most Expensive City — And Asia's Costliest Indian Destination 🇮🇳 According to Mercer's Cost of Living Survey, Mumbai has climbed 11 global spots to rank 136th, as rising housing, energy, and lifestyle costs push the city's living expenses higher than ever.
India's luxury market set for 10% growth in 2025: Euromonitor International. India is rapidly emerging as a key player in the global luxury goods market, with sales projected to reach Rs. 1,06,129 crore (US$ 12.1 billion) in 2025, according to Euromonitor International.
1. Mumbai – The city that never sleeps, India's richest city with 91 billionaires and 451 wealthy entries — home to top industrialists and Bollywood stars.
Here's a state-wise look at India's most premium hospitality hubs — from serene Kerala 🏝️ (45 hotels) to glamorous Maharashtra 🏙️ (37 hotels) and vibrant Goa 🐚 (27 hotels). Each state offers a unique experience — whether it's royal stays in Rajasthan, beachside resorts in Goa, or luxury cityscapes in Delhi and Mumbai.
New York City ranks as the most expensive city in the world to live in, primarily due to high housing demand and limited supply, which drive prices upwards.
Khan Market is highly regarded as one of the poshest and oldest markets in Delhi, offering a diverse selection of shopping and dining options. Visitors appreciate the market's vibrant atmosphere, quality products, and well-curated shops.
Chandni Chowk, located in the heart of Delhi's Old City, is a historic district and one of India's oldest and busiest markets. Founded in the 17th century by the Mughal emperor Shâh Jahân, it is renowned for its vibrant atmosphere, narrow alleyways and specialized bazaars.
There isn't one single "cheapest luxury" brand, but brands like Tory Burch, Michael Kors, Coach, and Arket are frequently cited as offering luxury elements (quality, design) at accessible price points, often found on sale or for everyday wear, while high-end names offer tiny items like socks (e.g., Thom Browne), but these aren't truly "cheap" luxury. For entry-level "quiet luxury," look to brands with minimalist design like St. Agni, or department store discounters like TK Maxx for deals on known names.
China is projected to be the market leader in personal luxury goods with a revenue of about 110 billion U.S. dollars, followed by the United States. By 2028, China is expected to retain its position as the leading country where the personal luxury goods market generates the highest revenue worldwide.
The Main Market is a UK regulated market. Admission to trading is subject to the LSE's Admission and Disclosure Standards, while admission to listing, where relevant, is subject to the Financial Conduct Authority's UK Listing Rules (UKLR).
Mumbai is the financial hub of the country. It has the National Stock Exchange and many corporate giants. Areas like Bandra and Malabar Hill are in the top 10 most expensive residential areas in India. It is ranked as one of the most expensive cities in the world in some surveys.
