Market Outlook · Q1 FY26

Mumbai high-street retail: where the F&B and D2C spend is going

Bandra Linking Road, Lower Parel Mill District and Juhu Tara Road are absorbing new D2C and F&B openings faster than any Mumbai mall.

Silver Streams Retail Desk

5 min read

The three strongest strips

Linking Road, Kamala Mills F&B belt and Juhu Tara Road together saw 68 new store openings in Q1 — mostly D2C and F&B. Rents on prime frontages have moved 12–18% over the last 12 months.

Key takeaways

  • High-street rents outpacing mall CAM-adjusted rents for premium brands
  • F&B accounts for over half of new openings on Kamala Mills / Todi Mills