Delhi-NCR retail leasing jumps 45% in Q1 as fashion and F&B drive demand
Delhi-NCR retail space leasing rose 45% to 0.59M sq ft in Q1 2026, led by fashion and F&B occupiers, per Cushman & Wakefield. NCR led India's top-eight cities with a 30% share, though overall leasing across markets fell 10% to 1.95M sq ft on supply constraints. Malls took 64% of demand versus 36% for high streets.
Delhi-NCR retail space leasing rose 45% to 0.59M sq ft in Q1 2026, led by fashion and F&B demand, per Cushman & Wakefield. NCR led India's top-eight cities though overall leasing fell 10% on supply constraints.
Why this matters
Cushman & Wakefield's Q1 2026 data confirms Delhi-NCR bucking a national retail leasing slowdown, with a 45% jump as fashion and F&B occupiers chase scarce mall space amid supply constraints.
Retail-company signals accelerating, up 533100% QoQ.
Also reported by
- Financial Express · BrandWagon — 4h after first sighting