Delhi-NCR retail leasing jumps 45% in Q1 as fashion, F&B fuel occupier demand
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026 from 0.41 million a year earlier, leading India's top-eight cities per Cushman & Wakefield. Malls took 64% of demand versus 36% for high streets. Overall top-eight leasing fell 10% to 1.95 million sq ft on supply constraints.
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, leading top-eight cities, driven by fashion and F&B demand, even as overall top-eight leasing fell 10% on supply constraints.