Leasing volume in top Indian cities surges 25% at 2.41 mn sft
The growth underscored steady occupier demand
image for illustrative purpose
New Delhi: India’s retail sector demonstrated strong demand in the July-September period (Q3 2025), with gross leasing volume in the top eight cities hitting 2.41 million square feet (MSF) -- marking a 7.6 per cent increase from the previous quarter (QoQ), a report said on Wednesday.
According to a report from Cushman & Wakefield, year-to-date (YTD) leasing reached 7.02 million square feet, a 25.2 per cent year-on-year (YoY) growth, indicating the market is on track to surpass the 2024 full-year GLV of 7.88 MSF.
The growth underscored steady occupier demand and healthy momentum across both high streets and malls, the report said.
Mills absorbed 1.16 million square feet (MSF) or 48 per cent of leasing in Q3 2025, WITH 15 per cent quarter-over-quarter (q-o-q) growth.
