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shopping malls India

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India’s brick-and-mortar retail sector recorded a three-year high in 2025, with gross leasing volumes jumping 54% to 12.5 million sq. ft, led by Delhi NCR, Bengaluru, and Hyderabad, according to JLL.

India’s Retail Leasing Touches Three-Year High in 2025 with 54% Growth

India’s brick-and-mortar retail sector recorded a three-year high in 2025, with gross leasing volumes jumping 54% to 12.5 million sq. ft, led by Delhi NCR, Bengaluru, and Hyderabad, according to JLL.
Malls in India

16.6 Mn Sq. Ft. of New Mall Space by 2026

India’s retail real estate is witnessing a remarkable resurgence with over 16.6 million sq. ft. of new Grade A mall space expected by 2026 across the top 7 cities. With Hyderabad and Delhi-NCR taking the lead, and 60+ global brands entering the market, demand for organized retail spaces is stronger than ever.