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Q.

How much does it Cost to Rent a Retail Space?

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Hi. I can share how much does it cost to rent a retail space in India. I have been investing in the retail space for a few years. So, I keep on evaluating the rent in different cities of India. Let me share the relevant information with you.

What is the Average Rent for a Retail Space in India?

Here are the average rents per square foot per month in the different high streets of the major cities of India.

City High Street Average Rent in INR (INR/sq ft/month)

Bengaluru

Indira Nagar – 100 Ft Road

150 – 200

Bengaluru

Church Street

200 – 250

Bengaluru

Mahatma Gandhi Road (MG Road)

100 – 125

Bengaluru

Koramangala – 100 Ft Road and 80 Ft Road

125 – 175

Bengaluru

Brigade Road

180 – 250

Bengaluru

Commercial Street

220 – 250

Bengaluru

Jayanagar – 4th Block

200 – 250

Chennai

Anna Nagar

150 – 175

Chennai

Nungambakkam High Road

190 – 240

Hyderabad

Jubilee Hills

200 – 225

Mumbai

Colaba Causeway

450 – 750

Mumbai

Lower Parel

300 – 500

Mumbai

Lokhandwala

350 – 550

Mumbai

Linking Road

350 – 1000

Noida

Sector 18 Market

150 – 250

Pune

Mahatma Gandhi Road (MG Road)

200 – 250

Pune

Koregaon Park

250 – 300

Pune

Baner Road

150 – 200

Hyderabad

Banjara Hills

190 – 230

Hyderabad

Somajiguda

150 – 175

Hyderabad

Ameerpet

110 -130

Hyderabad

Gachibowli

120 – 140

Ahmedabad

Chimanlal Girdharlal Road (CG Road)

180 – 200

Ahmedabad

SG Highway

140 – 160

Gurugram

DLF Galleria

800 – 1200

Delhi

Connaught Place

200 – 550

Delhi

Lajpat Nagar

200 – 350

Delhi

Khan Market

1000 -1500

Delhi

South Extension – Part I & Part II

250 – 450

This rent can vary based on a lot of variables, mainly the market rate in the area, the area (sq. ft.) of the retail store, the type of store, etc.

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