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High street rentals crash: Khan market in Delhi; Kala Ghoda, Fort in Mumbai worst-affected


High street rentals crash: Khan market in Delhi; Kala Ghoda, Fort in Mumbai worst-affected
PTI Photo
With COVID-19 wreaking havoc in the country, average monthly rentals across the key high street markets in top cities witnessed some corrections. As per recent data by ANAROCK Research, the iconic retail hub in Delhi – Khan Market – saw average monthly rentals reduce by as much as 8 percent to 17 percent in Q1 2021 against Q1 2020.
Likewise, high street markets of Kala Ghoda, Bandra Linking Road and Fort in Mumbai (one of the worst-affected city) also saw high street retail rentals decline anywhere between 5 percent to 10 percent during the same period. ....

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