Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B drive demand
Delhi-NCR led India's top eight cities with retail space leasing rising 45% to 0.59 million sq ft in Q1 2026, up from 0.41 million sq ft a year ago. Malls accounted for 64% of activity and high streets 36%, with the region taking a 30% national share even as top-eight leasing overall fell 10% to 1.95 million sq ft.
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, leading India's top eight cities. Fashion and F&B drove demand amid supply constraints, reflecting strong occupier interest in organized retail formats.