The chaos of ‘India’s priciest retail space’

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Khan Market: A treat for New Delhi's shopaholics
02:57 - Source: CNN

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Khan Market in New Delhi is India's most expensive retail space

More than 10,000 shoppers flock to Khan Market every day

CNN  — 

At first glance, the bustling Khan Market in New Delhi may seem like any other shopping space in India’s vibrant capital city.

Stray dogs saunter along cracked pavements while loose electrical wires droop overhead.

But first looks can often be deceiving.

This dusty and popular bazaar is the most expensive retail space in all of India and among the priciest anywhere in the world, according to research carried out by real estate experts Cushman and Wakefield.

Average rent here is more than $200 per square meter a month ($2,100 per sq foot) – far more than the average Indian’s monthly income.