Gurugram emerges as premium retail hub as India's market eyes doubling to Rs 190 lakh crore by 2034
India's retail market, valued at Rs 82 lakh crore in 2024, is projected to double by 2034. Developers including SPJ Group, Ambience Group and Reach Group position Gurugram as a luxury and experiential shopping destination, aided by metro and expressway connectivity across Delhi-NCR.
India's retail market, valued at Rs 82 lakh crore in 2024, is projected to double by 2034. Gurugram emerges as a premium experiential shopping and luxury retail hub via mixed-use developments and improved metro/expressway connectivity, per developers.
Why this matters
Developers are betting on Gurugram as a luxury and experiential retail destination amid a decade-long doubling of India's retail market, backed by improving Delhi-NCR metro and expressway links.
Footfall trend steady with 373 signals recorded over the past 90 days.