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Retail leasing in malls rises 69%: JLL

Financial Express Lucknow

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July 31, 2025

LEASING OF RETAIL spaces in shopping malls and high streets rose 69% to 5.7 million sq ft in the January-June period across seven major cities on better demand from both domestic and foreign retailers, according to JLL India.

New supply of retail spaces more than doubles to 2.3 million sq ft during the first six months of this calendar year from 0.9 million sq ft in the corresponding period of 2024 across seven cities — Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and Pune, real estate consultant JLL India said in a statement on Wednesday.

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