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Resurfaced report,first published
Delhi-NCR retail real estate hits record 2024 leasing as vacancy falls and rents climb
Delhi-NCR retail real estate hit a record 2024 with rising leasing, falling vacancy, and higher rents, led by Noida and Gurugram; the region is projected to dominate India's retail space pipeline through 2028.
Reported figures
From the report. Source details below
- 3.1 million sq ft leasing
- ₹800-1,000 per sq ft South Extension rentals
- 12% consumer spending growth
- 27 million sq ft pipeline
Other figures
- 7% YoY leasing growth
- vacancy 8.3% from 9%
- 66% of total development
- 313 acres in FY23-24
The source
Published
First seen