India, Jan. 25 -- Retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR and Mumbai, a report by JLL has shown.

Retailers leased close to 8.1 million sq. ft area in shopping malls and prominent high streets across the eight cities. Bengaluru accounted for 34% share of the total leasing activity, followed by Delhi NCR (14%), and Mumbai (14%), the report showed.

With a 2.8 million sq. ft. share in leasing activity, Bengaluru surpassed the combined leasing volume of Delhi-NCR and Mumbai. Notably, the share of other cities such as Hyderabad and Chennai increased from 10% and 5% of the leasing volume in 2023 to 14% and 10% at the end of 2024, res...