India's physical retail market is set to see a robust supply of nearly 41 million sq ft of retail developments between 2024 and 2028 across the top 7 cities. Delhi-NCR will have the majority share, followed by Chennai, Bengaluru, and Hyderabad. Large foreign institutional investors hold around 24% of the new supply. The operational retail developments currently stand at 91 million sq ft and are expected to increase by 45% to reach 132 million sq ft by 2028. Mall developers are focusing on building larger-sized malls to offer a better shopping experience.