Delhi-NCR retail leasing jumps 45% in Q1 as fashion and F&B fuel demand
Retail leasing in Delhi-NCR rose to 0.59 million sq ft in Q1 2026, with malls accounting for 64% of take-up as fashion and F&B brands sought organised, high-quality space amid tight supply.
Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Malls captured 64% of leasing as retailers pursued organised, high-quality space despite constrained supply.
Why this matters
The Q1 2026 rise extends Delhi-NCR's 2024 leasing gains, falling mall vacancies and rising high-street rents, while a 27 million sq ft pipeline through 2028 points to future supply.
retail-company is accelerating, up 308125% QoQ.