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

Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, per Cushman & Wakefield, with malls capturing 64% and high streets 36%. NCR led the top-eight cities at 30% share, even as overall leasing fell 10% to 1.95 million sq ft on supply constraints.

— Filed Sun, 5 Jul, 2026, 07:03 IST · Source Financial Express · BrandWagon · Updated

Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B, per Cushman & Wakefield. NCR led top-eight cities with 30% share, though overall leasing fell 10% on supply constraints.

Why this matters

Cushman & Wakefield's Q1 2026 data confirms Delhi-NCR as the top retail leasing market, extending prior signals on fashion and F&B-led occupier demand even as national leasing contracts on supply constraints.

Retail-company theme accelerating at +560600% QoQ.

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