Retail Leasing in India Surges 15 Percent

India's retail space leasing to hit 9 million sq ft in 2025, a 15% increase driven by mall supply and high street demand. Read the latest Cushman & Wakefield report.

Dec 23, 2025 - 14:49
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Retail Leasing in India Surges 15 Percent
Retail Leasing in India Surges 15 Percent

NEW DELHI- Leasing of retail space across India’s top eight cities is projected to rise by 15%, reaching nearly 9 million square feet in 2025. According to Cushman & Wakefield, increased Grade A mall supply has successfully unlocked significant pent-up demand from global brands.

Major hubs like Delhi-NCR, Mumbai, and Bengaluru continue to lead the absorption, primarily driven by fashion and F&B sectors. Experts predict this momentum will intensify in 2026, with demand potentially touching 11 million square feet as premium lifestyle destinations expand.

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