Delhi-NCR retail leasing jumps 45% in Q1 as fashion and F&B drive occupier demand

Retail space leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B, per Cushman & Wakefield. Malls captured 64% of demand and high streets 36%, with Delhi-NCR holding a 30% share. Overall top-8 city leasing fell 10% to 1.95 million sq ft on supply constraints.

— Filed Wed, 15 Jul, 2026, 19:20 IST · Source Financial Express · BrandWagon · Updated

Retail space leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand, per Cushman & Wakefield. Malls took 64% share; overall top-8 city leasing fell 10% on supply constraints.

Why this matters

The 45% Q1 leasing jump continues Delhi-NCR's momentum as fashion and F&B chase space, even as overall top-8 city leasing contracted 10% on tight supply.

Retail-company signals accelerating, up 807200% QoQ.