Rishika Baranwal
Khan Market is one of Delhi's most prestigious and popular markets, known for its upscale shops and vibrant atmosphere.
Established in 1951, Khan Market was named after Khan Abdul Jabbar Khan, a prominent leader of the Indian independence movement.
The market is divided into old and new sections. The old market is owned by private individuals, while the new market has seen recent redevelopments.
Ownership is fragmented among families and businesses, with prominent names like the Malik and Kumar families holding significant properties.
Ownership diversity affects leasing practices and the market's unique character, balancing traditional charm with modern needs.