New Delhi, July 30 -- India's retail space sector is experiencing significant expansion, driven by both domestic and international retailers, as revealed in a recent report by real estate consultancy firm JLL.
According to the report, the first half of 2025 (January to June) saw a remarkable 69 per cent year-on-year (Y-o-Y) growth in retail space absorption across India's top 7 cities, reaching 5.7 million sq. ft. This impressive growth means H1 2025 has already achieved 70 per cent of the total leasing volume for 2024, which was 8.1 million sq. ft., indicating a strong year-end projection.
Furthermore, while Q2 CY2025 (April-June) leasing experienced a 15 per cent decline compared to Q1 2025, with 2.6 million sq. ft. of leasing, this i...
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