Led by Twamev, Apple, retail leasing in Delhi up 65% between Jan and June

Retail leasing in Delhi-NCR rose by 65 per cent in the first six months of 2023 to 700,000 square feet (sq ft) as compared to 420,000 sq ft in the same period last year, according to a report by real estate property consultancy CBRE South Asia.

According to “India Retail figures H1 2023”, the main deal that led the demand was the acquisition of 10,000 sq ft of space by clothing brand Twamev in South Extension II. It was followed by Apple’s 8,800 sq ft store in Select City Walk Mall, Saket and coffee and sandwich chain Pret A Manger’s 1,160 sq ft deal in the same mall.