Delhi-NCR retail leasing jumps 45% in Q1 2026 as fashion, F&B drive demand
Delhi-NCR retail space leasing rose 45% to ~0.59M sq ft in Q1 2026, bucking a 10% decline across India's top-8 cities where supply constraints pulled overall leasing down to 1.95M sq ft. Malls captured 64% of demand, high streets 36%, with fashion and F&B occupiers leading.
Delhi-NCR retail leasing rose 45% to ~0.59M sq ft in Q1 2026, leading India's top-8 cities where overall leasing fell 10% on supply constraints. Fashion and F&B drove occupier demand for organized malls and high streets.
Why this matters
The 45% Delhi-NCR surge stands out against a 10% national decline, echoing Cushman & Wakefield's recent signals on fashion and F&B occupiers driving regional retail demand while top-8 city supply tightens.
Retail-company signals are accelerating, up +517400% QoQ.