Gurugram emerges as premium retail hub as luxury brands chase high-street and mall demand
Developers including SPJ, Ambience, Reach and Pyramid Infratech are betting on mixed-use and experiential formats in Gurugram, citing rising purchasing power and improved connectivity. India's retail market is projected to grow from $779B in 2019 to $1.8T by 2030.
Gurugram is emerging as a premium retail and luxury shopping hub driven by high-street demand, mixed-use developments, malls and improved connectivity. Developers cite rising purchasing power and experiential lifestyle destinations attracting global brands, amid India's fast-growing retail market.
Why this matters
Reinforces a repeated pattern of Gurugram rising as Delhi-NCR's premium high-street and experiential retail hub, now tied to major developers and luxury brand demand.
retail-company theme is accelerating, up 892900% QoQ.