Delhi-NCR retail leasing jumps 45% in Q1 as fashion, F&B occupiers lead demand
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026, topping India's eight major cities with a 30% share, per Cushman & Wakefield. Malls drew 64% of demand versus 36% for high streets. Overall top-eight-city leasing slipped 10% to 1.95 million sq ft amid supply constraints, with 9.21 million sq ft expected in 2025.
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026, leading India's top-eight cities, driven by fashion and F&B demand, though overall leasing fell 10% amid supply constraints.