Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B fuel occupier demand
Delhi-NCR led India's top-eight cities with retail space leasing rising 45% to 0.59 million sq ft in Q1 2026, per Cushman & Wakefield. Malls captured 64% of activity versus 36% for high streets, with the region holding a 30% national share. Overall top-eight leasing fell 10% to 1.95 million sq ft amid supply constraints.
Delhi-NCR retail space 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 amid supply constraints and strong organized-retail expansion by domestic and international brands.