Top-7 mall retail supply drops 57% as leasing demand tightens space
Fresh Grade A mall retail supply across India’s top seven cities fell 57% to 0.9 million sq ft in January-March, Anarock said. Years of leasing outpacing completions have pushed mall vacancy to 6.7% in H1 2026, intensifying competition for quality retail locations.
Anarock said Grade A mall retail supply across India’s top seven cities fell 57% to 0.9 million sq ft in January-March. Leasing demand has outpaced completions for years, tightening vacancies to 6.7% in H1 2026 and constraining retailers’ access to suitable space.
Why this matters
No related recent Anarock signals were provided. The supply decline highlights tighter conditions for retailers seeking Grade A mall space in India’s leading cities.
Store-opening is steady, with 1,540 signals recorded in the past 90 days.