Photographs: Tony Gentile/Reuters
There are some shopping streets in the world that are so sought-after by retailers that they are willing to pay premium rent for a space.
Let's take a look at some of the most expensive retail locations in the world, including a market in India.
Source: Cushman & Wakefield
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Indian shopping street among world's most expensive locations
Photographs: Adnan Abidi/Reuters
Khan Market
City: New Delhi
Country: India
Annual rent per square foot: $252
Rank in rental rate in 2012: 26
Rank in rental rate in 2013: 28
Khan Market, one of the most famous shopping areas in the capital, has fallen two places in rental rates.
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Indian shopping street among world's most expensive locations
Photographs: Bobby Yip/Reuters
Causeway Bay
City: Hong Kong
Country: Hong Kong
Annual rent per square foot: $3,017
Rank in rental rate in 2012: 1
Rank in rental rate in 2013: 1
Causeway Bay retains its position as the most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Lucas Jackson/Reuters
5th Avenue
City: New York
Country: United States
Annual rent per square foot: $2,500
Rank in rental rate in 2012: 2
Rank in rental rate in 2013: 2
5th Avenue retains its position as the second most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Gonzalo Fuentes/Reuters
Avenue des Champs-Elysees
City: Paris
Country: France
Annual rent per square foot: $1,601
Rank in rental rate in 2012: 3
Rank in rental rate in 2013: 3
Avenue des Champs-Elysees is one of the most famous locations in Paris.
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Indian shopping street among world's most expensive locations
Photographs: Luke MacGregor/Reuters
New Bond Street
City: London
Country: United Kingdom
Annual rent per square foot: $1,047
Rank in rental rate in 2012: 6
Rank in rental rate in 2013: 4
New Bond Street has climbed two ranks in rental rates compared to last year.
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Indian shopping street among world's most expensive locations
Photographs: Toru Hanai/Reuters
Ginza
City: Tokyo
Country: Japan
Annual rent per square foot: $984
Rank in rental rate in 2012: 4
Rank in rental rate in 2013: 5
Ginza has fallen one place in rental rates compared to last year.
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Indian shopping street among world's most expensive locations
Photographs: Stefano Rellandini/Reuters
Via Montenapoleone
City: Milan
Country: Italy
Annual rent per square foot: $906
Rank in rental rate in 2012: 8
Rank in rental rate in 2013: 6
Via Montenapoleone has risen two places in rental rates compared to last year.
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Indian shopping street among world's most expensive locations
Photographs: Arnd Wiegmann/Reuters
Bahnhofstrasse
City: Zurich
Country: Switzerland
Annual rent per square foot: $874
Rank in rental rate in 2012: 7
Rank in rental rate in 2013: 7
Bahnhofstrasse retains its position as the seventh most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Will Burgess/Reuters
Pitt Street Mall
City: Sydney
Country: Australia
Annual rent per square foot: $850
Rank in rental rate in 2012: 5
Rank in rental rate in 2013: 8
Pitt Street Mall has fallen three places in most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Woohae Cho/Reuters
Myeongdong
City: Seoul
Country: South Korea
Annual rent per square foot: $732
Rank in rental rate in 2012: 9
Rank in rental rate in 2013: 9
Myeongdong remains the ninth most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Heinz-Peter Bader/Reuters
Kohlmarkt
City: Vienna
Country: Austria
Annual rent per square foot: $536
Rank in rental rate in 2012: 11
Rank in rental rate in 2013: 10
Kohlmarkt has risen one place in the most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Thomas Peter/Reuters
Kaufingerstrabe
City: Munich
Country: Germany
Annual rent per square foot: $522
Rank in rental rate in 2012: 10
Rank in rental rate in 2013: 11
Retailers at Kaufingerstrabe have to shell out $522 per sq ft rent per year.
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Indian shopping street among world's most expensive locations
Photographs: Thomas Peter/Reuters
Stoleshnikov
City: Moscow
Country: Russia
Annual rent per square foot: $465
Rank in rental rate in 2012: N/A
Rank in rental rate in 2013: 12
Retailers at Stoleshnikov have to shell out $465 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Alfred Cheng Jin/Reuters
Wangfujing
City: Beijing
Country: China
Annual rent per square foot: $436
Rank in rental rate in 2012: 14
Rank in rental rate in 2013: 13
Retailers at Wangfujing have to shell out $436 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Nacho Doce/Reuters
Iguatemi
City: Sao Paulo
Country: Brazil
Annual rent per square foot: $404
Rank in rental rate in 2012: 12
Rank in rental rate in 2013: 14
Retailers at Iguatemi have to shell out $404 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Albert Gea/Reuters
Portal de l'Angel
City: Barcelona
Country: Spain
Annual rent per square foot: $384
Rank in rental rate in 2012: 15
Rank in rental rate in 2013: 15
Portal de l'Angel remains the 15th most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Vivek Prakash/Reuters
Orchard Road
City: Singapore
Country: Singapore
Annual rent per square foot: $354
Rank in rental rate in 2012: 16
Rank in rental rate in 2013: 16
Orchard Road remains the 16th most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Michael Kooren/Reuters
Kalverstraat
City: Amsterdam
Country: The Netherlands
Annual rent per square foot: $350
Rank in rental rate in 2012: 18
Rank in rental rate in 2013: 17
Kalverstraat has climbed one place in the most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Suzanne Plunkett/Reuters
Karl Johans Gate
City: Oslo
Country: Norway
Annual rent per square foot: $342
Rank in rental rate in 2012: 22
Rank in rental rate in 2013: 18
Karl Johans Gate has climbed three places in the most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Bazuki Muhammad/Reuters
Pavilion KL
City: Kuala Lumpur
Country: Malaysia
Annual rent per square foot: $323
Rank in rental rate in 2012: 19
Rank in rental rate in 2013: 19
Pavilion KL retains its position as the 19th most expensive retail location in the world.
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Indian shopping street among world's most expensive locations
Photographs: Sharon Perry/Reuters
Ramat Aviv
City: Tel Aviv
Country: Israel
Annual rent per square foot: $322
Rank in rental rate in 2012: 21
Rank in rental rate in 2013: 20
Retailers at Ramat Aviv have to shell out $322 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Jose Miguel Gomez/Reuters
Shopping Centre
City: Bogota
Country: Colombia
Annual rent per square foot: $318
Rank in rental rate in 2012: 24
Rank in rental rate in 2013: 21
Retailers at Shopping Centre have to shell out $318 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Mark Blinch/Reuters
Bloor Street
City: Toronto
Country: Canada
Annual rent per square foot: $303
Rank in rental rate in 2012: 20
Rank in rental rate in 2013: 22
Retailers at Bloor Street have to shell out $303 per sq ft rent annually.
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Indian shopping street among world's most expensive locations
Photographs: Cathal McNaughton/Reuters
Grafton Street
City: Dublin
Country: Ireland
Annual rent per square foot: $288
Rank in rental rate in 2012: 17
Rank in rental rate in 2013: 23
Grafton Street has fallen three places in most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Gleb Garanich/Reuters
Kreschatik Street
City: Kiev
Country: Ukraine
Annual rent per square foot: $279
Rank in rental rate in 2012: 23
Rank in rental rate in 2013: 24
Kreschatik Street has fallen one place in most expensive retail location ranking.
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Indian shopping street among world's most expensive locations
Photographs: Fabian Bimmer/Reuters
Stroget
City: Copenhagen
Country: Denmark
Annual rent per square foot: $275
Rank in rental rate in 2012: 25
Rank in rental rate in 2013: 25
Stroget retains its position as the 25th most expensive retail location in the world.
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