India retail leasing jumps 17.6% YoY to 2.4 msf in Q2 2026 as tight supply meets strong demand
Cushman & Wakefield reports Q2 2026 retail leasing at 2.4 msf, up 17.6% YoY and 23.2% QoQ, taking H1 to 4.35 msf. Malls led with 51.3% share, fashion at 28.2% and F&B at 17.2%. Domestic retailers drove 82.4% of demand as Grade A mall vacancy held at 5% and high-street rents rose 5.1% YoY.
India retail leasing hit 2.4 msf in Q2 2026, up 17.6% YoY amid tight supply, per Cushman & Wakefield. Malls led with 51.3% share; fashion and F&B dominated categories. Domestic retailers drove 82.4% of demand as prime rentals climbed.
Why this matters
The 17.6% national jump follows Delhi-NCR's 45% Q1 leasing surge and Mumbai's 22% Linking Road rent spike, confirming fashion and F&B occupiers are driving sustained demand against tight mall supply.
Retail-company signals are accelerating, up 470800% QoQ.