New Delhi, Dec. 23 -- India's retail real estate market is poised to close 2025 on a strong note, with leasing activity expected to reach nearly 9 million square feet (MSF), marking the highest annual absorption since the pandemic, according to a new report by real estate services firm Cushman & Wakefield.

The projected figure represents a significant jump from approximately 7.8 MSF recorded in 2024.

The surge in leasing is being driven largely by a revival in mall-led absorption, supported by the completion of new Grade A retail assets in key markets during the final quarter of the year, the global commercial real estate services firm said in a report on Tuesday.

While high-street locations continued to attract steady demand amid earl...