vendredi 2 décembre 2016

The Khan Market factor

What makes the iconic Khan Market in Delhi India's most expensive retail location? Veenu Sandhu finds out

Khan Market is not for sale,” says Vinay Gupta, the co-owner of Shri Hari DiaGems. He says it with a sense of pride as well as a tinge of disappointment. Gupta, whose family has been in the jewellery business for over 200 years, has been running his shop on rent at Khan Market for the last six years. For at least five of those six years, he says, he has been scouting for a place to buy in the market. “But no one is willing to sell even an inch of the space they own here,” he rues. “Why will they, when they make so much money from the rent?” Khan ...

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The Khan Market factor

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