Delhi-NCR retail leasing rose 45% in Q1, resurfacing a March move as fashion and F&B fueled demand
Resurfacing data from a report dated March 2026: Delhi-NCR retail leasing reached 0.59 million sq ft in Q1 2026, up 45% year-on-year, according to Cushman & Wakefield. Malls accounted for 64% of activity as fashion, F&B and international brands competed for quality space; the region represented 30% of leasing across India’s top eight cities.
Delhi-NCR retail leasing rose 45% year-on-year in Q1 2026, led by fashion and F&B demand. Mall leasing dominated activity as organised domestic retailers and international brands competed for limited quality space, while new supply is expected to support further growth.
Why this matters
The report reinforces recent signals that Delhi-NCR retail leasing jumped 45% in Q1 as fashion and F&B demand built, with malls emerging as the main channel for quality-space absorption.
Retail-company is accelerating, up 398,133% QoQ.