Delhi-NCR retail leasing jumps 45% in Q1, leads top-8 cities as fashion and F&B drive demand
Delhi-NCR retail leasing rose 45% to nearly 0.59 million sq ft in Q1 2026, up from 0.41 million sq ft a year earlier, per Cushman & Wakefield. Malls captured 64% of demand and high streets 36%, with the region taking a 30% share nationally, even as top-eight city leasing slipped 10% to 1.95 million sq ft on supply constraints.
Delhi-NCR retail leasing rose 45% to nearly 6 lakh sq ft in Q1 2026, leading India's top-eight cities, driven by fashion and F&B demand despite an overall 10% national decline from supply constraints.
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