India, Nov. 19 -- Khan Market ranks as 22nd most expensive high street globally: report

This growth was driven by limited supply and strong demand, underlining the enduring appeal of prime retail locations in India's key urban hubs and broader trend of premiumisation. Across 16 tracked Indian locations, rental growth averaged 6% year-on-year, the report noted.

At the other end of the spectrum, APAC's most affordable main street is also in India- Anna Nagar 2nd Avenue in Chennai, where rents remain at $25 psf/yr.

London's New Bond Street, meanwhile, has been crowned the world's most expensive retail destination for the first time, where rents have risen by 22% in the past year to $2,231 per square foot per year (psf/yr). New Bond Street...