Delhi-NCR retail leasing jump of 45% in Q1 2026 resurfaces as fashion and F&B drove demand
Resurfacing a Q1 2026 report: Delhi-NCR led India's top-eight cities with ~0.59 million sq ft of retail leasing that quarter, up from 0.41 million sq ft a year earlier, per Cushman & Wakefield. Malls captured 64% of activity versus 36% for high streets. Overall top-8 leasing had dipped 10% to 1.95 million sq ft on supply constraints.
Delhi-NCR retail leasing rose 45% to ~0.59 million sq ft in Q1 2026, leading India's top-eight cities despite a 10% overall dip on supply constraints. Fashion and F&B drive demand for organized, high-quality retail formats.