India, July 20 -- Executive Centre India leases 1.14 lakh sq ft office space in Delhi's Aerocity for 9 years at a total rent of Rs.309 cr

Malls accounted for 51.3% of India's total retail leasing during the second quarter, with 1.23 million sq ft of space leased, registering a 33.4% quarter-on-quarter (QoQ) and 21.9% year-on-year (YoY) growth. The strong performance came despite limited availability of premium mall space and rising rentals, prompting some retailers to also explore select Grade B retail developments, the report showed.

Main streets continued to witness healthy occupier demand, accounting for the remaining 48.7% share, or 1.17 million sq ft, of leasing activity. Although their share moderated slightly, leasing volumes sti...