Gurugram emerges as premium retail hub as mixed-use developments and luxury brands chase rising purchasing power
Developers including Ambience Group, SPJ Group and Reach Group are betting on Gurugram's high-street and mall demand, aided by metro and expressway connectivity, as India's retail market is projected to double from Rs 82 lakh crore in 2024 to Rs 190 lakh crore by 2034.
Gurugram is emerging as a premium retail hub driven by high-street demand, mixed-use developments, malls, and improved metro/expressway connectivity, with executives citing rising purchasing power and experiential lifestyle destinations attracting global brands amid India's doubling retail market.