New Mall Supply to Touch 1.54 Bn Sq. Ft. by 2026 in Top Cities
Real Estate

New Mall Supply to Touch 1.54 Bn Sq. Ft. by 2026 in Top Cities

India's top seven cities are set to receive 1.54 billion square feet of new Grade A mall space in calendar years 2025 and 2026, according to ANAROCK Research. Hyderabad and Delhi-National Capital Region will account for around sixty-five per cent of this supply, marking them as key retail hubs.

Leasing activity is forecast to exceed 1.17 billion square feet over the same period, driven by rising consumer demand and the entry of over sixty international retail brands across fashion, electronics, lifestyle, and food and beverage categories.

This robust leasing has helped reduce the supply-demand gap seen in prior years. Vacancy levels, which stood at fifteen point five per cent in 2021, are expected to decline to 8.2 per cent in 2025 and 8.5 per cent in 2026.

The boom is also extending beyond Tier 1 markets. Tier 2 and Tier 3 cities are emerging as high-growth retail destinations, with their share of online shopping rising from fifty-six per cent in FY24 and projected to reach sixty-four per cent by FY30. The number of Indian online shoppers is expected to rise from 260 million in 2024 to 700 million by 2035.


India's top seven cities are set to receive 1.54 billion square feet of new Grade A mall space in calendar years 2025 and 2026, according to ANAROCK Research. Hyderabad and Delhi-National Capital Region will account for around sixty-five per cent of this supply, marking them as key retail hubs.Leasing activity is forecast to exceed 1.17 billion square feet over the same period, driven by rising consumer demand and the entry of over sixty international retail brands across fashion, electronics, lifestyle, and food and beverage categories.This robust leasing has helped reduce the supply-demand gap seen in prior years. Vacancy levels, which stood at fifteen point five per cent in 2021, are expected to decline to 8.2 per cent in 2025 and 8.5 per cent in 2026.The boom is also extending beyond Tier 1 markets. Tier 2 and Tier 3 cities are emerging as high-growth retail destinations, with their share of online shopping rising from fifty-six per cent in FY24 and projected to reach sixty-four per cent by FY30. The number of Indian online shoppers is expected to rise from 260 million in 2024 to 700 million by 2035.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement