Retail Space Leasing Soars 54% in 2025 Across Major Cities: JLL Report

• Retail space leasing in malls and high streets surged by 54% in 2025 across seven major Indian cities, reaching 12.5 million sq ft.
• This growth marks a three-year high for brick-and-mortar retail, driven by better supply and strong retailer demand.
• Shopping malls contributed 45% and high streets 48% to the total leasing volume in 2025.
• Delhi-NCR led in leasing with 3.02 million sq ft, followed by Bengaluru (2.97 million sq ft) and Hyderabad (2.91 million sq ft).
• Domestic retailers accounted for 82% of gross leasing, and 29 new foreign brands entered India, the highest in five years.

Why It Matters: Retail leasing saw a significant 54% jump in 2025, fueled by strong demand and new supply.