Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B occupiers expand
Retail space leasing in Delhi-NCR rose 45% year-on-year to nearly 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. The region topped India's eight cities with a 30% share, even as overall leasing across top markets fell 10% to 1.95 million sq ft on supply constraints. Malls captured 64% of activity versus 36% for high streets.
Retail leasing in Delhi-NCR rose 45% to nearly 0.59 million sq ft in Q1 2026, led by fashion and F&B occupiers. Delhi-NCR topped India's eight cities with a 30% share, though overall leasing fell 10% on supply constraints.