Gurugram emerges as India's premium retail hub as luxury malls and mixed-use projects multiply

Driven by SPJ Group, Ambience Group, Reach Group and Pyramid Infratech, Gurugram is becoming a magnet for global luxury brands. India's retail market, valued at Rs82 lakh crore in 2024, is projected to hit Rs190 lakh crore by 2034, growing ~9% annually per BCG-RAI-Kearney data.

— Filed Mon, 20 Jul, 2026, 19:50 IST · Source Financial Express · BrandWagon · Updated

Gurugram emerges as a premium retail hub driven by global brands, mixed-use developments, and connectivity, as India's retail market is projected to more than double by 2034.