New Delhi, Oct. 1 -- Grade A mall vacancy in India fell to 4.8 per cent in the third quarter of 2026 as continued retailer demand met limited availability of quality space, with around 12.7 million square feet (MSF) of new Grade A mall supply expected through 2028, according to Cushman & Wakefield.

The real estate consultancy said retail leasing across the top eight cities stood at 2.22 MSF in Q3 2026, down 7.3 per cent quarter-on-quarter and 4.4 per cent year-on-year. However, year-to-date leasing remained broadly stable at 6.57 MSF, up 0.4 per cent from a year earlier.

The tighter availability was reflected in Grade A mall vacancy, which declined 20 basis points from 5 per cent in the previous quarter. The market saw no new Grade A ma...