Delhi-NCR retail leasing jumps 45% in Q1 as fashion, F&B occupiers chase mall space

Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Malls captured 64% of activity versus 36% for high streets. Despite regional strength, top-eight-city leasing fell 10% to 1.95 million sq ft amid supply constraints.

— Filed Wed, 1 Jul, 2026, 12:17 IST · Source Financial Express · BrandWagon · Updated

Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B occupiers. Malls took 64% share; overall top-eight-city leasing fell 10% on supply constraints amid strong organized-retail demand.

Why this matters

Cushman & Wakefield data confirms Delhi-NCR leading top-8 cities on retail leasing, with fashion and F&B occupiers chasing mall space even as national activity contracts on tight supply.

Footfall theme steady with 281 signals in the past 90 days.