Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B drive demand
Delhi-NCR led India's top-eight cities with retail space leasing rising 45% to 0.59 million sq ft in Q1 2026, up from 0.41 million a year ago, per Cushman & Wakefield. Malls captured 64% of activity versus 36% for high streets. Fashion and F&B occupiers anchored demand even as top-8 leasing overall slipped 10% to 1.95 million sq ft.
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, leading India's top-eight cities, with malls at 64% share. Fashion and F&B segments drive demand amid supply constraints and rising international brand participation.
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