By Khan, he means Khan Market, by HKV he means Hauz Khas Village—and by MCM he means his own Mehar Chand Market. The story of the making and unmaking and the possibility of remaking of the Mehar Chand Market has been full of turns, both fortuitous and fateful. In 1963, the government built 152 concrete shops, and what was initially known as the refugee market was remanded Mehar Chand Market after Mehr Chand Khanna, the then Union minister for rehabilitation. 1st Wonder, one of the four surviving tailors in Mehar Chand Market. But soon the owners became greedy and began to raise the rent, wrongly believing that Mehar Chand market had become a Khan market.
Source: Hindustan Times August 16, 2020 18:12 UTC