Retail leasing moderates to 3.1 million sq ft in Q1 2026 amid mall supply crunch; Mumbai leads with 26% share
India, May 12 -- Fashion brand OVS leases retail space spanning over 11,000 sq ft at Sky City Mall in Borivali, Mumbai
As this institutional-grade inventory becomes operational, leasing volumes are projected to accelerate while vacancy rates continue to compress, creating favourable conditions for rental growth and attracting increased institutional capital to the sector, the consultant said.
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