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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How much does it Cost to Rent a Retail Space?
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April 27, 2024
2024-04-27T01:25:49+00:00 2024-04-27T01:25:50+00:00Comment
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