India's organised retail real estate market remained resilient in the first half of 2026, with gross leasing rising 10.5% year-on-year to a four-year high of 6.27 million sq ft despite a 64% drop in new mall supply. Domestic retailers drove demand, shopping mall vacancies fell to 11.15%, and developers plan 45.5 million sq ft of new mall space by 2030.

India's organised retail real estate market remained resilient in the first half of 2026, with gross leasing rising 10.5% year-on-year to a four-year high of 6.27 million sq ft…

While the premium to luxury end of India’s property market is thriving, the dramatic shortage at the low-to-mid-end is coming under scrutiny.