Resurfacing a July 2026 report: India retail leasing rose 17.6% as Grade A mall vacancies hit five-year low
Per a July 2026 report resurfacing now, gross retail leasing reached 2.4 million sq ft in Q2 2026, led by Delhi NCR, Mumbai and Hyderabad. Domestic retailers accounted for 82.4% of demand, while Grade A mall vacancy fell to 5%, tightening premium space and supporting rent growth.
India retail leasing reached 2.4 MSF in Q2 2026 as Grade A mall vacancies fell to a five-year low of 5%. Domestic brands drove 82.4% of demand, while constrained premium supply lifted rents and may push brands toward Grade B assets.
Why this matters
The July 2026 report reinforces Cushman & Wakefield’s prior signals on India’s 17.6% leasing rise and five-year-low mall vacancy, plus Q1 Delhi-NCR’s 45% leasing jump driven by fashion and F&B.
retail-company accelerated +1122200% QoQ.