India retail leasing hits 3 1 million sq ft as high streets beat malls

Published on 12 May 2026

Retailers are fleeing malls and moving downtown fast

India’s retail property market is gaining momentum, with Q1 leasing activity reaching about 3.1 million sq ft. Limited availability of new mall space is pushing retailers toward high streets and alternative formats, underscoring the sector’s resilience. Looking ahead, a large pipeline of retail developments is expected to expand organized retail and draw more investment.

Q1 retail realty leasing reached about 3.1 million sq ft
High streets and other formats are gaining share over malls
Mall supply constraints are reshaping retailer location choices
A big development pipeline could accelerate organized retail growth

#retail realty #high streets #organized retail #leasing #malls

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

India retail leasing hits 3 1 million sq ft as high streets beat malls

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