Delhi-NCR retail leasing rises 45% in Q1 as fashion and F&B fuel demand
Delhi-NCR recorded 0.59 million sq ft of retail leasing in Q1 2026, up 45% year on year, according to Cushman & Wakefield. Shopping malls accounted for 64% of activity, with fashion and food-and-beverage occupiers driving demand.
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. Malls captured 64% of activity as domestic expansion and international-brand participation outpaced high-quality space supply.
Why this matters
The Q1 gain extends recent Delhi-NCR signals of rising retail leasing and rents amid a 27 million sq ft pipeline, including a resurfaced 2024 report on accelerated leasing.
retail-company is accelerating, up +991900% QoQ.