Delhi-NCR retail leasing rose 45% in Q1, resurfacing a Q1 2026 report on fashion and F&B-led demand
Resurfacing data from Q1 2026: Delhi-NCR recorded 0.59 million sq ft of retail leasing that quarter, up 45% year on year. Malls accounted for 64% of transactions, while fashion and F&B occupiers drove demand amid tight quality supply across major Indian cities.
Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft in Q1 2026, led by malls, fashion and F&B demand. Limited quality supply constrained leasing across India’s top eight cities, while organised retail demand remained strong.
Why this matters
For Cushman & Wakefield, the data follows recent signals on Delhi-NCR leasing rising 45% in Q1 2026, including coverage of building fashion and F&B demand and a January 2026 resurfaced report on the same surge.
Retail-company is accelerating, up +976600% QoQ.