Mall leasing outpaces new Grade A supply 4.5x across India’s top seven cities
Gross retail leasing reached 4.1 million sq ft in H1 2026, versus 0.9 million sq ft of new Grade A mall completions, ANAROCK Research said. Grade A vacancy fell to 6.7%, tightening expansion options for retailers in key markets.
India’s top seven cities leased 4.1 million sq ft of retail space in H1 2026 versus just 0.9 million sq ft of new Grade A mall supply. Vacancy hit 6.7%, highlighting constrained expansion options for retailers.
Why this matters
ANAROCK Research’s latest signal points to tightening mall expansion capacity for retailers. No prior related ANAROCK Research signals were provided for comparison.
Store-opening is steady, with 1,542 signals recorded in the past 90 days.