Delhi-NCR retail leasing jumps 45% in Q1 as fashion, F&B drive demand
Retail space leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026 from 0.41 million sq ft a year earlier, led by fashion and F&B occupiers, per Cushman & Wakefield. Malls took 64% of demand and high streets 36%. Even so, overall top-eight-city leasing fell 10% on supply constraints.
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B occupiers, even as overall top-eight-city leasing fell 10% on supply constraints, per Cushman & Wakefield.
Why this matters
Cushman & Wakefield's Q1 2026 data confirms Delhi-NCR bucking the national trend, as fashion and F&B occupier demand offsets an overall 10% drop in top-eight-city retail leasing tied to supply constraints.
Retail-company signals accelerating, up 555100% QoQ.