Delhi-NCR retail leasing jumps 45% in Q1 as fashion, F&B drive mall demand
Delhi-NCR retail space leasing rose 45% year-on-year to nearly 0.59 million sq ft in Q1 2026, led by malls (64%) and fashion/F&B occupiers, per Cushman & Wakefield. The region captured a 30% share of top-eight-city leasing even as overall demand fell 10% to 1.95 million sq ft on supply constraints.
Delhi-NCR retail leasing rose 45% to nearly 0.59 million sq ft in Q1 2026, led by malls and fashion/F&B demand, even as top-eight-city leasing fell 10% on supply constraints, per Cushman & Wakefield.