India’s food and beverage (F&B) sector is reshaping the retail real estate landscape at unprecedented scale and speed. Since 2023, the expansion of the organised F&B segment has resulted in nearly 4 million sq ft of retail space leased across more than 1,200 deals in the top seven cities. Driven by urbanisation, rising disposable incomes and evolving consumer tastes, F&B is considered a a crucial category that commands premium space allocation in high streets, shopping malls and business parks.
Dining out has transformed into a social experience, propelled by international brands entering the market and domestic operators rapidly scaling their footprint. Developers and institutional investors are responding by intensifying construction of large-scale destination malls with dedicated F&B zones, reimagining real estate strategies, and supporting the surging demand for versatile dining formats.