Bengaluru’s MG Road has been named the best high street in India, according to a survey by a leading property consultant. The survey, which was conducted to identify the top 30 high streets in the country, ranked Somajiguda in Hyderabad second and Linking Road in Mumbai third.
The study analysed several factors, including footfall, rentals, occupancy, and consumer feedback, to arrive at the final rankings. Bengaluru’s MG Road, which is famous for its upscale shopping destinations, restaurants, and bars, scored high on all parameters. It is one of the oldest and most popular high streets in the city, attracting both locals and tourists.
Somajiguda in Hyderabad, which is located in the heart of the city, emerged as the second-best high street due to its strategic location and proximity to major residential and commercial areas. The area is home to several branded retail stores, restaurants, and entertainment centres, making it a popular destination for shoppers and foodies alike.
Linking Road in Mumbai, which ranked third in the survey, is another popular high street that is known for its vibrant shopping scene. It is home to several fashion boutiques, street markets, and eateries that cater to a diverse clientele. The street is particularly famous for its fashion and accessories stores, which offer trendy and affordable options for shoppers.
Other high streets that made it to the top 10 list include Connaught Place in Delhi, Brigade Road in Bengaluru, and Park Street in Kolkata. The survey also highlighted the emerging high streets in smaller cities such as M.G. Road in Mangalore, Hazratganj in Lucknow, and Tilak Road in Pune, which are expected to witness significant growth in the coming years.
The ranking of high streets is an important indicator of the economic and social development of a city. High streets are not just places for shopping, but also play a crucial role in the cultural and social fabric of a city. They provide employment opportunities, foster entrepreneurship, and promote tourism, contributing to the overall growth and development of the local economy.
The survey is expected to help retailers and real estate developers make informed decisions about their investments in high streets. It is also likely to encourage city planners and policymakers to develop strategies that promote the growth and development of high streets, thereby creating more opportunities for businesses and enhancing the quality of life for residents.
The survey ranking Bengaluru’s MG Road as the best high street in India is a testament to the city’s vibrant and dynamic culture. The ranking will help boost the morale of retailers and entrepreneurs in the city, encouraging them to invest more in the high street and contribute to its growth and development.