Resurfacing a Q1 2026 report: Delhi-NCR retail leasing jumped 45% as fashion and F&B demand built
Resurfacing data from Q1 2026: Delhi-NCR retail leasing rose 45% year-on-year to 0.59 million sq ft, led by fashion and food-and-beverage occupiers. Malls accounted for 64% of demand, even as constrained quality supply pulled top-eight-city leasing down 10%.
Delhi-NCR retail leasing rose 45% year-on-year in Q1 2026 to 0.59 million sq ft, led by fashion and F&B demand. Malls dominated leasing, while constrained quality supply reduced total leasing across India’s top eight cities.
Why this matters
The report aligns with recent signals that Delhi-NCR retail leasing rose 78% in H1 and that fashion and F&B accelerated Q1 demand, pointing to sustained occupier expansion despite limited quality supply.
Store-opening remains steady at 1,507 signals over 90 days; no quarter-over-quarter change was provided.