Khan Market
Khan Market is situated in South Delhi and known for housing Showrooms of almost all the famous International brand names. It is popularly known as one of the most classy and upmarket shopping centres in Delhi. The market place is surrounded by a residential complex as well as a neighbourhood that homes the political bureaucrats of the central government and elite class of residents and is flanked by the greenery of the famous Lodhi Gardens, which is a popular tourist attraction.
Khan Market is an expensive market place that caters mainly to high end customers or customers who can afford to spend lavishly owing to the residents of the diplomatic community living in close proximity and around its nearby areas that form the main consumers of this shopping complex.
Khan market is lined with an extensive assortment of branded showrooms that retail a wide variety of items, garments and shops that retail a variety of imported food products and packaged food. A few of the well known brand names such as Adidas, Benetton, Nike and Reebok house their own showrooms in this Market complex while several other shops seen here retail books, electronics, kitchenware, footwear and many more.
Khan Market is also fringed with a number of Café joints, such as Barista, Café Coffee Day, Café Turtle and Market Café and a number of international standard restaurants who serve a variety of delectable cuisines that matches every palate. Despite the high price, locals and tourists do visit the market place for its Café and food outlets as the service is extremely satisfactory and the quality of products retailed here are very good.
Khan Market still continues to be one of the most expensive high street shopping complexes in India and has been globally ranked as the #21 global retail high street market place according to an annual survey conducted by named Cushman and Wakefield which is a global real estate consultancy firm. The ‘Fifth Avenue’ in New York still retains the #1 position as the most expensive shopping destination in the world followed by ‘Causeway’ in Hong Kong and ‘Ginza’ in Tokyo and then London, Paris and Milan according to the 2010 survey.
It is amazing to learn that, in the Global market, running a Shop in Khan Market is even more expensive than running a shop in Dubai, Luxembourg, Manila, Mexico City, Oslo and Stockholm whereas in India, Khan Market beats the Linking Road in Bandra, Mumbai and the famous Connaught Place in Central Delhi.
Even today, there is a lot of demand for a commercial space in Khan Market, however, even the small space available here are retailed or rented out at sky rocketing prices owing to its fame and preference. Khan Market can be reached via road by any public transport. The Market complex is opened between 10:30 AM and 8:00 PM from Tuesdays to Sundays whereas it remains closed on Mondays only.
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