Archive · 24 Jul 2025
India's Retail Sector Records Leasing Dip in April-June
Imagine stores and shops needing space to set up.
In India, they leased about 2.24 million square feet of space from April to June.
This is like what they've been doing, but a little less than before.
Hyderabad, Mumbai, and Delhi-NCR had the most activity.
Some cities like Mumbai and Pune did much better compared to last year.
People want to rent places for shops to sell food, drinks, and clothes the most.
Overall, the retail business is still doing well and growing.
India's retail sector saw 2.24 million square feet of leasing in April-June.
This is similar to the last four quarters but down 5.4% from the previous quarter and 6.3% year-over-year.
Hyderabad, Mumbai, and Delhi-NCR led leasing activity, accounting for over 70% of the total.
Mumbai and Pune saw significant year-over-year growth in leasing volume.
Food & Beverage and Fashion were the top categories in retail leasing.
- Who
- The retail sector and Cushman & Wakefield.
- What
- Leasing of retail space in India.
- When
- April-June of a recent year (unspecified).
- Where
- Across malls and high streets in India's top eight cities, including Delhi-NCR, Hyderabad, Mumbai, Chennai, and Bengaluru.
- Why
- To analyze the retail market and its trends.
- Leasing Volume (April-June)
- 2.24 million square feet
- Quarter-over-Quarter Change
- 5.4% decrease
- Year-over-Year Change
- 6.3% decrease
- Top Markets
- Hyderabad, Mumbai, Delhi-NCR
- H1 2025 Leasing Growth
- 17% YoY
- Primary Categories
- Food & Beverage, Fashion