Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B occupiers chase organized space
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026 from 0.41 million sq ft a year ago, per Cushman & Wakefield, with malls taking 64% and high streets 36%. NCR held a 30% share even as top-eight-city leasing slipped 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, led by fashion and F&B, even as top-eight-city leasing fell 10% on supply constraints amid strong demand for organized retail formats.
Why this matters
Reinforces Cushman & Wakefield's tracking of NCR's resilient retail demand, echoing prior signals on fashion and F&B driving the 45% Q1 leasing surge even as broader top-city activity contracts on tight supply.
retail-company theme accelerating, up 428800% QoQ.