Resurfacing Q1 report: Delhi-NCR retail leasing rose 45% as fashion and F&B demand built
Delhi-NCR leased 0.59 million sq ft of retail space in Q1 2026, up from 0.41 million sq ft a year earlier, according to a report resurfacing now. Malls captured 64% of leasing, with fashion, F&B, domestic expansion and international-brand interest supporting demand amid limited quality supply.
Delhi-NCR retail leasing increased 45% year-on-year in Q1 2026, led by fashion and F&B demand. Malls captured 64% of transactions as domestic expansion, international-brand participation and limited quality supply supported organised retail leasing.
Why this matters
The Delhi-NCR result adds a local view to Cushman & Wakefield's resurfaced India retail report, which found leasing up 17.6% and Grade A mall vacancy at a five-year low. Fashion and F&B demand recur across both signals.
Retail-company is accelerating, up 385800% QoQ.