Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B lead occupier demand
Delhi-NCR retail space leasing rose 45% YoY to 0.59 million sq ft in Q1 2026, topping India's eight major cities, per Cushman & Wakefield. Malls drove 64% of activity versus 36% for high streets. Overall top-8 leasing fell 10% to 1.95 million sq ft as quality supply lags demand.
Delhi-NCR retail leasing rose 45% YoY to 0.59 million sq ft in Q1 2026, leading India's top-eight cities, driven by fashion and F&B occupiers amid strong demand outpacing quality supply.