Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B occupiers drive demand
Delhi-NCR retail space leasing rose 45% to 0.59M sq ft in Q1 2026 from 0.41M sq ft a year ago, led by fashion and F&B, per Cushman & Wakefield. Malls captured 64% of demand versus 36% for high streets, with the region holding a 30% national share. Overall top-eight-city 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, led by fashion and F&B demand, per Cushman & Wakefield. Malls took 64% share; overall top-eight-city leasing fell 10% on supply constraints.
Why this matters
Cushman & Wakefield's Q1 2026 data confirms a repeated pattern of Delhi-NCR retail leasing surging 45% on fashion and F&B demand, extending prior signals highlighting mall-led occupier expansion across the region.
Retail-company theme accelerating at +729400% QoQ, signaling sharp momentum in retail leasing activity.