Delhi-NCR retail leasing jumps 45% in Q1 2026, tops India as fashion and F&B chase quality space
Delhi-NCR retail leasing rose 45% to 0.59M sq ft in Q1 2026 per Cushman & Wakefield, leading the top-eight cities even as overall leasing slipped 10% to 1.95M sq ft. Malls took 64% share versus 36% for high streets, with fashion and F&B occupiers driving domestic and international demand.
Delhi-NCR retail leasing rose 45% to 0.59M sq ft in Q1 2026, leading India's top-eight cities despite overall 10% decline, driven by fashion and F&B demand from domestic and international brands seeking quality mall and high-street space.
Why this matters
Reinforces the recurring Q1 2026 signal that Delhi-NCR retail leasing rose 45% as fashion and F&B occupiers led demand, now framed against a 10% national decline.
Footfall theme steady with 316 signals over 90 days.