Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B occupiers chase space
Delhi-NCR led India's top-eight cities with ~0.59M sq ft of retail leasing in Q1 2026, up 45% year-on-year, per Cushman & Wakefield. Malls captured 64% of demand versus 36% for high streets, driven by fashion and F&B occupiers. But overall top-eight leasing fell 10% to 1.95M sq ft on supply constraints.
Delhi-NCR retail leasing rose 45% to ~0.59M sq ft in Q1 2026, leading India's top-eight cities. Malls took 64% share. Fashion and F&B drove demand, though overall top-eight leasing fell 10% on supply constraints.
Why this matters
Cushman & Wakefield data shows Delhi-NCR leading India's retail leasing recovery, echoing recent signals on fashion and F&B occupiers driving demand even as overall top-eight leasing contracts.
Footfall theme steady with 304 signals over the last 90 days.