Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B chase space
Delhi-NCR led India's top-eight cities with 0.59 million sq ft leased in Q1 2026, up 45% from 0.41 million sq ft a year earlier, per Cushman & Wakefield. Malls took 64% of demand versus 36% for high streets, driven by fashion and F&B occupiers. Overall top-8 leasing fell 10% to 1.95 million sq ft on supply constraints.
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026, leading India's top eight cities, though overall leasing fell 10% on supply constraints. Fashion and F&B drove occupier demand, with malls taking 64% share.