Delhi-NCR retail leasing jumps 45% to 0.59M sq ft in Q1 2026, bucking top-8 decline
Fashion and F&B occupiers drove a 45% rise in Delhi-NCR retail leasing to 0.59 million sq ft in Q1 2026, per Cushman & Wakefield, even as top-eight-city leasing fell 10% to 1.95 million sq ft amid supply constraints. Malls captured 64% of demand versus 36% for high streets, with NCR holding a 30% share of top-8 activity.
Retail space leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand, even as top-eight-city leasing fell 10% amid supply constraints and rising demand for organized formats.