Overview of Khan Market, New Delhi

Location and Connectivity

• Khan Market exists in the heart of New Delhi within the Lutyens Zone, noted for its historical and architectural significance.
• The zone connects key Delhi points such as India Gate, Lodhi Garden, Humayun’s Tomb, and Sufdarjung Tomb.

Property Types and Prices

Residential Properties

• The typical 3 BHK flats make up nearly all of the available properties.
• 3 BHK flats sell for anywhere from ₹60 Lac to ₹80 Lac.

Commercial Properties

• Business showrooms and shops dominate, with commercial prices differing. For example, a shop costs around ₹3.25 Crore.

Rental Market

Retail Rentals

• Khan Market is famed as India’s top expensive retail district. Rentals cost $229 per square foot, or roughly Rs 19,330 per square foot annually.

Residential Rentals

• Without specific figures, Khan Market residential rentals remain high, offering upscale living due to prime location and demand.

Amenities and Infrastructure

• The area includes a high-profile diplomatic zone near several schools, banks, and essential services.
• Public transport is well-linked via nearby metro stations, adding to its appeal.

Lifestyle and Environment

• Khan Market is bustling and popular for upscale shops and premium brands, drawing affluent shoppers and visitors.
• It remains clean and safe, boasting good roads and reliable transportation.

Market Trends

• The scarcity of retail places drives up rental values, intensifying competition. Still, strong demand and rental growth keep the area thriving.

PropertyWala's Final Thoughts

In conclusion, Khan Market in New Delhi stands out as a prime, upscale, and highly desirable location for property investment. The area’s central spot, premium amenities, and robust retail market make it perfect for luxury real estate investors. Be ready for high prices and rents reflecting the exclusivity and demand of this iconic Delhi neighborhood.