This page is a living resource. It is updated quarterly with rental data, vacancy tracking, and market commentary drawn from Khan Market Estates' proprietary advisory practice. The data reflects actual market intelligence from 12 years of on-the-ground presence — not portal estimates or publicly available averages.
Market commentary: Rental momentum in Khan Market remains strong entering 2026. Inner Lane ground-floor units continue to command the highest premiums, particularly spaces with wide frontage and corner visibility. The F&B sector continues to drive Outer Lane demand, with multiple international café and restaurant brands evaluating entry. Vacancy remains under 4% for the eleventh consecutive quarter — a structural tightness driven by fixed supply and growing brand demand.
| Period | Avg Rent (₹/sqft/mo) | YoY Change | Vacancy |
|---|---|---|---|
| Q1 2026 | ₹2,850 | +8% | <4% |
| Q4 2025 | ₹2,750 | +8% | <4% |
| Q3 2025 | ₹2,700 | +7% | <4% |
| Q2 2025 | ₹2,650 | +7% | <5% |
| Q1 2025 | ₹2,600 | +6% | <5% |
| Q4 2024 | ₹2,550 | +6% | <5% |
| Q3 2024 | ₹2,500 | +5% | <5% |
| Q2 2024 | ₹2,480 | +5% | <5% |
| Q1 2024 | ₹2,450 | +5% | <5% |
Khan Market rents have shown consistent quarter-over-quarter growth since the post-COVID recovery in 2022. The acceleration from 5% YoY growth in 2024 to 8% in late 2025 reflects intensifying demand from both domestic premium brands and international entrants evaluating India market entry.
Khan Market rents have grown every single quarter since the 2022 recovery. The combination of fixed supply, rising demand, and heritage protection makes rental correction structurally unlikely.
| Market | Rent (₹/sqft/mo) | YoY Change |
|---|---|---|
| Khan Market | ₹2,500–3,200 | +8% |
| Connaught Place | ₹1,000–1,200 | +14% |
| Galleria Market, Gurgaon | ₹1,150–1,250 | +25% |
| South Extension | ₹800–850 | +3% |
| Greater Kailash M Block | ₹475–500 | +5% |
| Kamla Nagar | ₹480–510 | +11% |
Khan Market commands a significant premium over every other Delhi NCR retail destination. Galleria Market in Gurgaon has shown the fastest recent growth (25% YoY) but still rents at less than half of Khan Market's rates. The premium reflects Khan Market's unique combination of heritage scarcity, Lutyens' Delhi demographics, and brand cachet that no other Delhi market can replicate.
Source: Cushman & Wakefield Main Streets 2025, KME proprietary data.
| Parameter | Market Standard |
|---|---|
| Lease Duration | 3 + 3 years (3-year initial + 3-year renewal) |
| Security Deposit | 6 months' rent |
| Escalation | 12–15% every 3 years (at renewal) |
| Lock-in Period | Typically 12–18 months |
| CAM Charges | Varies; ₹15–30/sqft/mo |
| Fit-out Period | 30–60 days rent-free (negotiable) |
These are market standard terms. Individual negotiations vary based on the landlord's situation, the brand's profile, the specific property, and prevailing market conditions. KME advises clients on optimal lease structuring based on current market intelligence.
Lane and visibility. Inner Lane ground-floor units with wide frontage command the highest rents. Corner positions with dual visibility carry additional premiums. First-floor units rent at 40–50% of ground-floor rates.
Neighbouring brands. A shop adjacent to an established anchor tenant (Good Earth, Big Chill, FabIndia) benefits from their footfall pull. Co-tenancy matters — and it is something we advise on explicitly.
Property condition. Recently renovated units with modern fit-out infrastructure command premiums over older units requiring significant tenant investment. The landlord's willingness to offer a fit-out period affects the effective rent calculation.
Market timing. Rents are not static within a quarter. A landlord with an immediate vacancy may negotiate differently than one with a lease expiring in six months. Understanding this timing — which requires real-time market presence — is where advisory value lies.
Our advisory includes current rent benchmarking, lane analysis, and lease negotiation strategy tailored to your brand.
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