Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion and F&B drive demand
Delhi-NCR retail leasing rose to ~0.59M sq ft in Q1 2026 from 0.41M sq ft, leading India's top eight cities with a 30% share, per Cushman & Wakefield. Malls captured 64% of leasing versus 36% for high streets. Even as overall top-8 leasing fell 10% to 1.95M sq ft, NCR bucked the trend on fashion and F&B occupier interest amid quality supply constraints.
Delhi-NCR retail leasing rose 45% to ~0.59M sq ft in Q1 2026, leading India's top eight cities, driven by fashion and F&B demand amid high-quality supply constraints, per Cushman & Wakefield.