Delhi-NCR retail leasing jumps 45% in Q1 FY26 as fashion, F&B lead occupier demand
Delhi-NCR retail space leasing rose 45% to 0.59 million sq ft in Q1 2026 (from 0.41 million sq ft a year ago), topping India's eight major cities per Cushman & Wakefield. Malls took 64% and high streets 36% of demand, with fashion and F&B driving take-up even as top-8 city leasing slipped 10% to 1.95 million sq ft.
Delhi-NCR retail leasing rose 45% to 0.59 million sq ft in Q1 2026, leading India's top-8 cities, driven by fashion and F&B occupiers amid strong demand and supply constraints across organized retail formats.