Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B occupiers drive demand
Delhi-NCR retail space leasing rose 45% to ~0.59M sq ft in Q1 2026, per Cushman & Wakefield, led by fashion and F&B. Malls captured 64% share versus 36% for high streets. Despite strong demand, overall top-eight-city leasing slipped 10% to 1.95M sq ft on supply constraints.
Delhi-NCR retail space leasing rose 45% to ~0.59M sq ft in Q1 2026, led by fashion and F&B. Malls took 64% share. Overall top-eight-city leasing fell 10% on supply constraints amid strong demand-led occupier interest.
Why this matters
Cushman & Wakefield data confirms Delhi-NCR bucking the national trend, with fashion and F&B occupiers repeatedly cited as the demand engines even as top-eight-city leasing contracts on tight supply.
Footfall theme steady with 307 signals over the past 90 days.