Resurfacing a Q1 2026 report: Delhi-NCR retail leasing jumped 45% as fashion and F&B drove occupier demand
A Q1 2026 Cushman & Wakefield report, now resurfacing, showed retail space leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026 from 0.41 million a year earlier. Malls took 64% of demand and high streets 36%. Delhi-NCR led India's top-eight cities with a 30% share, even as overall leasing across the top eight fell 10% to 1.95 million sq ft.
Retail leasing in Delhi-NCR rose 45% to 0.59 million sq ft in Q1 2026, led by fashion and F&B demand. Delhi-NCR topped India's top-eight cities with 30% share amid supply-constrained, demand-led organized retail growth.