Question
Which Indian city tops the list of 10 ranked for the
best high streets, as per the Knight Frank report?Solution
According to a report by Knight Frank, Bengaluru tops a list of 10 Indian cities ranked for the best high streets, "bustling and vibrant" places lined with businesses, restaurants and cafes. Bengaluru’s MG Road is the best high street and the city has three other such shopping hubs. Linking Road in Mumbai comes third. Hyderabad, Mumbai and Delhi follow Bengaluru in terms of quality high streets. Delhi's upscale Khan Market is not in the top 10 list but South Extension is.Somajiguda in Hyderabad is second on the list in terms of quality. Knight Frank’s estimation for the potential consumption in the top 30 high streets stands at $2 billion in the current financial year (FY24), which represents 19 per cent of the potential consumption of $11 billion projected for operational shopping mall stock in FY24.Â
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