Delhi-NCR retail leasing rose 45% in Q1, led by fashion and F&B demand
Resurfacing a Q1 2026 report: retail leasing in Delhi-NCR reached 0.59 million sq ft in Q1 2026, up from 0.41 million sq ft a year earlier. Malls accounted for 64% of transactions as fashion and food-and-beverage brands drove demand amid limited quality supply.
Delhi-NCR retail leasing increased 45% year-on-year in Q1 2026 to 0.59 million sq ft, led by fashion and F&B demand. Mall-led leasing and constrained quality supply signal continued expansion appetite among domestic and international retailers.
Why this matters
The signal aligns with recent Cushman & Wakefield updates resurfacing Q1 2026 Delhi-NCR leasing data, all citing a 45% rise led by fashion and food-and-beverage demand.
Store-opening is steady at 1,354 signals in 90 days; no quarter-over-quarter change was provided.