Tue Dec 02 07:57:04 UTC 2025: Okay, here’s a summary and a news article based on the provided text:
Summary:
A Cushman and Wakefield report, “Main Streets Across the World 2025,” highlights the rise of Hyderabad as a key retail destination in the Asia-Pacific region. Banjara Hills and Himayathnagar in Hyderabad have been ranked among the top retail locations in APAC, sharing the 48th position with an annual rent of USD 30 per square foot (₹2,680 per sq. ft.). The report points to India’s growing retail market fueled by rising incomes and consumer aspirations, making it an attractive destination for international brands. Khan Market in New Delhi remains India’s most expensive retail location, ranking 24th globally. Globally, London’s New Bond Street tops the list.
News Article:
Hyderabad’s Retail Scene Shines on Asia-Pacific Stage
HYDERABAD, INDIA – December 2, 2025 – Hyderabad’s burgeoning retail market has gained significant recognition in the Asia-Pacific region, according to the “Main Streets Across the World 2025” report released by Cushman and Wakefield. The report names Banjara Hills and Himayathnagar, two of Hyderabad’s most prominent shopping destinations, among the top 51 retail locations in the APAC region, placing them alongside established retail hubs like Tokyo, Singapore, Hong Kong, and New Delhi.
Banjara Hills and Himayathnagar share the 48th position in the APAC rankings, boasting an annual rent of USD 30 per square foot (₹2,680 per sq. ft.). This ranking signifies the growing strength of Hyderabad’s premium retail market, attracting a mix of both national and international brands seeking to expand their presence in Southern India.
India’s retail sector is seeing substantial growth, fueled by rising disposable incomes, evolving lifestyles, and increasing consumer demand. The report identifies premiumization across various sectors such as fashion, beauty, food and beverage, and home goods as key drivers for rising rental costs. Khan Market in New Delhi continues to be India’s most expensive retail location, securing the 24th position globally with an annual rent of USD 223 per square foot (₹19,940 per sq ft).
The report also notes that global brands are increasingly viewing India’s Tier-1 cities as strategic entry points into the Asian market, particularly as consumption growth in China shows signs of slowing.
This year marks the 35th edition of the global survey, which tracks 140 major shopping streets worldwide. London’s New Bond Street has secured the top spot as the most expensive retail location globally, surpassing Milan’s Via Montenapoleone and New York’s Upper Fifth Avenue.
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