Delhi-NCR retail leasing jumps 45% to 0.59M sq ft in Q1 FY26, bucks 10% national dip
Delhi-NCR led India's top-8 cities with a 45% YoY surge in retail leasing to ~0.59M sq ft in Q1 2026, even as overall top-8 leasing fell 10% to 1.95M sq ft on supply constraints. Fashion and F&B occupiers drove demand, split 64% malls and 36% high streets.
Delhi-NCR retail leasing jumped 45% to ~0.59M sq ft in Q1 2026, leading India's top-8 cities even as overall leasing fell 10% on supply constraints. Fashion and F&B drove occupier demand for organized mall and high-street formats.