IANS LIVE-MALLS, MAINSTREETS DRIVE 55 PC SURGE IN INDIA’S RETAIL LEASING DURING JAN-MARCH
May 2, 2025
Fixtures

No live matches found !

Result1 May 2025
Match 50
RR
RR
117/10 (16.1 ov)
MI
MI
217/2 (20 ov)
MI won by 100 runs
Result30 April 2025
Match49
CSK
CSK
190/10 (19.2 ov)
PBKS
PBKS
194/6 (19.4 ov)
PBKS won by 4 wickets
Result29 April 2025
Match 48
DC
DC
190/9 (20 ov)
KKR
KKR
204/9 (20 ov)
KKR won by 14 runs
Result28 April 2025
Match 47
RR
RR
212/2 (15.5 ov)
GT
GT
209/4 (20 ov)
RR won by 8 wickets
Result27 April 2025
Match 46
DC
DC
162/8 (20 ov)
RCB
RCB
165/4 (18.3 ov)
RCB won by 6 wickets
Result27 April 2025
Match 45
MI
MI
215/7 (20 ov)
LSG
LSG
161/10 (20 ov)
MI won by 54 runs
Result26 April 2025
Match 44
KKR
KKR
7/0 (1 ov)
PBKS
PBKS
201/4 (20 ov)
No result
Result25 April 2025
Match 43
CSK
CSK
154/10 (19.5 ov)
SRH
SRH
155/5 (18.4 ov)
SRH won by 5 wickets
Result24 April 2025
Match 42
RCB
RCB
205/5 (20 ov)
RR
RR
194/9 (20 ov)
RCB won by 11 runs
Result23 April 2025
Match 41
SRH
SRH
143/8 (20 ov)
MI
MI
146/3 (15.4 ov)
MI won by 7 wickets
Result22 April 2025
Match 40
LSG
LSG
159/6 (20 ov)
DC
DC
161/2 (17.5 ov)
DC won by 8 wickets
Result21 April 2025
Match 39
KKR
KKR
159/8 (20 ov)
GT
GT
198/3 (20 ov)
GT won by 39 runs
Result20 April 2025
Match 38
MI
MI
177/1 (15.4 ov)
CSK
CSK
176/5 (20 ov)
MI won by 9 wickets
Result20 April 2025
Match 37
PBKS
PBKS
157/6 (20 ov)
RCB
RCB
159/3 (18.5 ov)
RCB won by 7 wickets
Result19 April 2025
Match 36
RR
RR
178/5 (20 ov)
LSG
LSG
180/5 (20 ov)
LSG won by 2 runs
Result19 April 2025
Match 35
GT
GT
204/3 (19.2 ov)
DC
DC
203/8 (20 ov)
GT won by 7 wickets
Result18 April 2025
Match 34
RCB
RCB
95/9 (14 ov)
PBKS
PBKS
98/5 (12.1 ov)
PBKS won by 5 wickets
Result17 April 2025
Match 33
MI
MI
166/6 (18.1 ov)
SRH
SRH
162/5 (20 ov)
MI won by 4 wickets
Result16 April 2025
Match 32
DC
DC
188/5 (20) & 13/0 (0.4)
RR
RR
188/4 (20) & 11/2 (0.5)
DC won by superover
Result15 April 2025
Match 31
PBKS
PBKS
111/10 (15.3 ov)
KKR
KKR
95/10 (15.1 ov)
PBKS won by 16 runs

Malls, mainstreets drive 55 pc surge in India’s retail leasing during Jan-March

Malls, mainstreets drive surge in India’s retail leasing during Jan-March

New Delhi, April 8 (IANS) Leasing activity in India’s retail sector recorded a robust 55 per cent jump to cross 2.4 million square feet (MSF) in the January-March quarter this year across top eight cities, with both malls and mainstreets contributing to the growth, according to a report released on Tuesday.

Both malls and mainstreets contributed to this growth owing to the commencement of new supply in emerging locations, said the report by Cushman & Wakefield.

The report highlighted that Hyderabad was the frontrunner in terms of leasing volume, contributing 34 per cent (0.8 MSF) of the total leasing activity, with a staggering 106 per cent year-on-year growth.

Mumbai followed closely, accounting for 24 per cent (0.58 MSF) of the total leasing volume and recorded a 259 per cent year-on-year growth, largely owing to the emergence of new high street locations and the addition of new mall supply, the report stated.

Delhi-NCR also saw significant traction, capturing 17 per cent (0.41 MSF) of the total leasing share, supported by strong demand in key submarkets and a 57 per cent year-on-year increase.

Bengaluru and Chennai, meanwhile, exhibited stable growth numbers with 0.19 MSF and 0.17 MSF of leasing respectively.

Saurabh Shatdal, Managing Director at Cushman & Wakefield, said, "India’s retail sector is evolving at a dynamic pace, and the strong leasing activity in Q1 2025 reflects growing market confidence.”

"With close to 7 million square feet of new supply expected over the next three quarters—largely comprising premium Grade A malls—we expect this positive momentum to continue well into the year,” he mentioned.

The report also observed that mainstreets continued their domination of the leasing landscape, accounting for two-third of the total leasing volume at 1.69 MSF, with premium high street locations in Delhi NCR, Mumbai, Bengaluru and Hyderabad witnessing heightened interest from retailers.

In terms of category demand, the report observed that entertainment and fashion were the biggest space consumers in malls, capturing a 34 per cent leasing share at 0.35 MSF, whereas fashion and F&B were most prevalent in main streets across the top-8 cities with 0.80 MSF of leasing volume.

Additionally, foreign brands accounted for around 8 per cent of the transaction volumes to partake in India’s growing consumption story, while domestic brands drove over 92 per cent of leasing activity, highlighting the strength of the homegrown retail expansion.

Looking ahead, mall leasing activity is expected to further pick up with close to 6.4 MSF of new mall supply expected across the top 8 cities by the end of 2025, 58 per cent of which will be Grade A+, the report said.