Delhi-NCR retail leasing rises 45% in Q1 as fashion and F&B demand builds
Delhi-NCR leased 0.59 million sq ft of retail space in January-March 2026, up from 0.41 million sq ft a year earlier. Malls accounted for 64% of leasing, while constrained quality supply remains a key challenge for domestic and international retailers.
Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Mall and high-street occupiers face constrained quality supply despite strong interest from domestic, international and organised retailers.
Why this matters
The Q1 result reinforces recent signals that Delhi-NCR leasing jumped 45% and that fashion and F&B fuelled demand, while quality retail supply remains tight.
retail-company is accelerating, up +205271% QoQ.