Overview
- Retail leasing reached about 9 million sq ft in 2025, up from 7.8 million sq ft in 2024, driven by fresh Grade A mall supply.
- High‑street locations accounted for roughly 5.4 million sq ft this year as mall leasing rose to around 3.8 million sq ft with year‑end openings.
- Cushman & Wakefield projects 10–11 million sq ft of retail leasing in 2026, supported by an estimated 5.9 million sq ft mall pipeline with about three‑fourths Grade A+ assets.
- Grade A office leasing totaled roughly 71.5 million sq ft in 2025, with a record 20.6 million sq ft in Q4 led by Bengaluru at 8.1 million sq ft and Delhi NCR at 4.2 million sq ft, according to Colliers.
- ANAROCK reported record net office absorption of about 55.16 million sq ft in the top seven cities for 2025, with vacancies easing and rentals firming as GCCs, tech and flex operators expanded.