Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B drive occupier demand
Delhi-NCR retail leasing rose to 0.59 million sq ft in Q1 2026 from 0.41 million sq ft a year earlier, topping India's eight major cities, per Cushman & Wakefield. Malls captured 64% of activity and high streets 36%, with the region holding a 30% national share. Top-eight-city leasing fell 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, driven by fashion and F&B demand, per Cushman & Wakefield. National leasing fell 10% on supply constraints amid strong organized-retail demand.