India Retail Real Estate Leasing Surges
Analysis based on 8 articles · First reported Dec 23, 2025 · Last updated Dec 23, 2025
The strong growth in India's retail real estate leasing, as reported by Cushman & Wakefield, indicates a positive outlook for the retail and construction sectors in India. This trend suggests increased investment opportunities in commercial real estate and potential for higher revenues for retailers expanding their presence.
India's retail real estate market is set to achieve its highest annual leasing absorption since the pandemic, reaching nearly 9 million square feet (MSF) in 2025, up from 7.8 MSF in 2024. This surge is primarily driven by the completion of new Grade A retail assets, particularly malls, in key cities like India — Bengaluru, India — Chennai, India — Mumbai, and India — Hyderabad. Cushman & Wakefield's report projects further strengthening of demand in 2026, with absorption estimated at 10-11 MSF, supported by a robust supply pipeline of Grade A+ malls. The market is also witnessing a trend of premiumisation, with global brand rollouts and expansion into Tier II cities, reflecting growing confidence in India's consumption-led growth.
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