Delhi-NCR retail leasing jumped 45% in Q1 2026, resurfaced report shows, as fashion and F&B demand gathered pace
Resurfacing data from early 2026, retail leasing in Delhi-NCR rose to 0.59 million sq ft in Q1 2026, with malls accounting for 64% of transactions. The region captured 30% of leasing across India's top eight cities as retailers prioritised organised, high-quality locations amid tight supply.
Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Malls captured 64% of space leased as retailers pursued organised, high-quality locations amid constrained supply.
Why this matters
The Q1 2026 leasing surge follows recent signals of tighter premium-mall vacancies and high-street rents, plus a December 2024 report on rising leasing, rents and a 27 million sq ft supply pipeline.
Retail-company signals are accelerating, up 198529% quarter over quarter.