Delhi-NCR retail leasing hits record 3.1M sq ft in 2024 as vacancy drops to 8.3%
CBRE and ANAROCK data show Delhi-NCR retail real estate posting 7% YoY leasing growth, falling vacancy, and rents up to ₹800-1000/sq ft in prime South Extension. Gurugram and Noida lead with 12-15% leasing surges; region set to capture 66% of India's retail pipeline through 2028, boosted by Jewar Airport infrastructure.
Delhi-NCR retail real estate hit record highs in 2024 with rising rents, falling vacancy, and strong leasing in Noida/Gurugram, driven by infrastructure like Jewar Airport; region to dominate India's retail pipeline through 2028.