Delhi-NCR retail leasing jumps 45% in Q1 FY26 as fashion and F&B chase mall space
Retail leasing in Delhi-NCR rose to 0.59 million sq ft in Q1 2026 from 0.41 million sq ft a year ago, per Cushman & Wakefield, with malls driving 64% of volume. The region held a 30% share of top-8-city activity, even as overall leasing across those cities fell 10% on supply constraints.
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand, per Cushman & Wakefield. Malls drove 64% of volume; overall top-8-city leasing fell 10% on supply constraints.