Delhi-NCR retail leasing jumps 45% in Q1 as fashion and F&B fuel demand
Delhi-NCR leased 0.59 million sq ft of retail space in Q1 2026, up from 0.41 million sq ft a year earlier. Malls captured 64% of the activity, with the region accounting for 30% of leasing across India’s top eight cities despite a 10% national decline.
Delhi-NCR retail leasing rose 45% year-on-year in Q1 2026 to 0.59 million sq ft, led by fashion and F&B demand. Malls captured 64% of activity as occupier demand for organised retail outpaced quality-space supply.
Why this matters
The result reinforces recent signals that Delhi-NCR retail leasing rose 45% in Q1 as fashion and F&B demand strengthened and built, pointing to sustained demand in the region.
Retail-company signals are accelerating, up 1,067,300% QoQ.