India’s Retail Leasing Soars 65% YoY in Q3 2025, Hits 3.2 Million Sq Ft

India’s retail real estate market posted a sharp 65% YoY surge in gross leasing in Q3 2025, led by Delhi NCR and Hyderabad. With 8.9 million sq ft already leased in the first nine months, the sector has surpassed 2024’s full-year totals and is on track for a record-breaking 2025.

India Retail Leasing Sees 2.24 MSF Activity in Q2 2025; Malls Gain Traction as Vacancies Tighten

India’s retail sector leased 2.24 MSF in Q2 2025 with malls regaining ground and vacancy tightening due to limited new supply. Mumbai saw 1.6X YoY growth, while Hyderabad led the leasing charts. A fresh wave of mall completions is expected by year-end.