Delhi-NCR retail malls hit full occupancy as Mumbai rents surge: Report
Vacancy rates in Delhi’s key assets have plummeted to 0–2%, while Mumbai has recorded the country’s sharpest rental appreciation at 15–20% year-on-year.
Vacancy rates in Delhi’s key assets have plummeted to 0–2%, while Mumbai has recorded the country’s sharpest rental appreciation at 15–20% year-on-year.
First quarter’s 3.1 million sq. ft leasing, anchored by a 48% high street surge and domestic retailers commanding 79% market share, reflects strategic format diversification as supply constraints drive innovation.
Current deal pipelines and leasing velocity indicate India's office market is on track to potentially reach the 100 million sq. ft. milestone over the next two years, representing a landmark achievement for the sector.
Office remains the anchor of institutional confidence, and domestic capital’s leadership reflects both the maturation of Indian alternative asset management and the relative friction still facing cross-border capital.