India’s Retail Boom to Attract USD 3.5 Billion in Next 3 Years as Western Malls Crumble

As malls in the US and Europe struggle with closures and declining footfalls, India’s retail sector is emerging as a global standout—driven by extreme undersupply of Grade-A malls, rising consumption, and strong investor interest, with USD 3.5 billion in inflows expected over the next three years.

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.