Delhi, a modern cosmopolitan city, is the best example of a multi-ethnic and multi-cultural society with an ever-expanding economy. Being the capital city, it has an affluent population comprising a cosmopolitan mix from across the country.Delhi is ranked as the second largest market in the country in terms of size and socio-economic profile and it's steadily increasing quality of life, a booming economy and consumer market makes it one of the hottest destinations for Retail segment.Traditionally, Delhi has been one of the leaders in retail activity in the country. Several large retailers first opened shop in the capital city.The cash-rich Delhi population is an ideal market for high-end retailers and this explains the presence of all the premium brands, including Marks & Spencer's, Lacoste, Louis Vuitton, Nike, Reebok, Wallmart, and McDonald etc in the city. Almost all Indian retail giants are present in the Capital and looking at expansion.
The traditional prime retail areas in Delhi, including areas like Connaught Place, South Extension, Greater Kailash, and Vasant Kunj would continue to command high prices due to lack of fresh supply.Taking the advantage of shortage of retail space in Delhi, many private developers have come up with new retail projects in South and North Delhi. Saket District Center the prime retail mall Select City Walk, MGF Metropolitan, DLF Place and Square One have already started attracting major foot falls and they cater high end societies in the south and Pitampura's Netaji Subhash Chander Place have started catering mix of high end and middle class societies in North and West Delhi.