Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B fuel demand
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, per Cushman & Wakefield, led by fashion and F&B occupiers. Malls captured 64% of activity versus 36% for high streets. Even as top-eight-city leasing fell 10% to 1.95 million sq ft on supply constraints, NCR held a 30% share.
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B, even as top-eight-city leasing fell 10% on supply constraints. Demand outpaces quality supply across organized formats.