India, May 15 -- Hyderabad emerged as one of India's largest jewellery retail markets in 2025, with its share of jewellery leasing rising sharply from 15% in 2024 to 31%. Alongside Chennai, Delhi-NCR, Bengaluru and Mumbai, the city accounted for over 90% of the country's total jewellery leasing volume, according to a report by CBRE.

The growth was driven by rising consumer spending, expansion by legacy jewellery brands, and increasing demand for organised retail spaces across premium malls and high streets.

Absorption by retail leasing jewellery brands doubled from 0.4 million sq. ft in 2024 to 0.8 million sq ft in 2025, with Hyderabad, Chennai, Bengaluru and Delhi-NCR collectively accounting for the majority of that demand, according t...