Delhi-NCR retail leasing rises 45% in Q1 as fashion and F&B lead demand
Delhi-NCR leased 0.59 million sq ft of retail space in Q1 2026, up from 0.41 million sq ft a year earlier. Malls accounted for 64% of activity, while constrained supply contributed to a 10% decline in leasing across India’s top eight cities.
Delhi-NCR retail-space leasing rose 45% year-on-year in Q1 2026 to 0.59 million sq ft, led by fashion and F&B demand. Malls captured 64% of activity as constrained supply limited leasing across India’s top eight cities.
Why this matters
The signal reinforces recent Cushman & Wakefield updates that resurfaced Q1 2026 Delhi-NCR leasing data and reported fashion and F&B demand accelerating retail space take-up.
Retail-company signals are accelerating, up 222067% QoQ.