India's Retail Sector Rebound: Leasing Volumes Hit a Three-Year Peak in 2025
Jan 30, 2026
New Delhi [India], January 30: India's retail real estate market is showing clear signs of resurgence, with leasing activity touching a three-year high in 2025, underscoring a decisive turnaround for physical retail. As per JLL, the sector's momentum translated into a 54% year-on-year jump in gross leasing during the year, reaching a total of 12.5 million sq ft. The December quarter emerged as the best performing, with 3.6 million sq. ft of space leased. The sharp uptick reflects renewed consumer confidence and an acceleration in brand expansion plans, as retailers once again prioritise store-led growth to capture footfalls and deepen market presence after years of cautious recovery.