Jones Lang LaSalle Meghraj (JLLM) research paper titled ‘High Streets of India : Embracing Change ‘, released yesterday, focuses on High streets across the country, and how they have stood up against the proliferation of malls and how they have adapted.

The report emphasises that Indian high streets have certain attributes which make them unique, and irrespective of the changing retails scenario, they will continue to dominate the retail landscape in India over the years. The report also Illustrates how high streets have managed to retain their customer base, have heightened their retail pitch and will continue to grow The report identifies 21 prominent high streets in seven cities across India. It not only compares rents across the board but also compares them with international high streets in major cities across the world. The high streets discussed in this research paper include:

• Delhi- Connaught Place, Khan Market, South Extension

• Mumbai- Linking Road; Colaba Causeway; Breach Candy

• Pune- F.C. Road; J.M. Road; M.G. Road

• Bengalaru- Brigade Road; Commercial Street; 100 Ft Road –Indira Nagar

• Hyderabad- Begumpet; Himayathnagar; Road No. 36 Jubilee Hills

• Chennai – 2nd Avenue Annanagar; Nungambakkam High Road; T Nagar

• Kolkata- Park Street; Camac Street; Theatre RoadThe report also details the fact that high streets and malls have a symbiotic relationship and complement each other in the retail ecosystem.

Source : Daily Retail