DLF is set to expand its retail footprint with the launch of three new shopping malls in Goa, Delhi, and Gurugram, adding approximately 14 lakh square feet of space.
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Realty major DLF will open three shopping malls in Goa, Delhi and Gurugram in the current fiscal, covering around 14 lakh square feet space as it remains bullish on the growth of organised retail in India.
At present, DLF Group has 8 retail properties, including a large shopping mall in Noida, with a portfolio of around 45 lakh square feet space.
Group will open ‘DLF Midtown Plaza’, comprising more than 2 lakh square feet area, at Moti Nagar in the national capital in the next few months.
Later this year, the company will open ‘DLF Summit Plaza’ in Gurugram covering around 4.8 lakh square feet of space, of which more than 4 lakh square feet is retail and rest is coworking space.
Group will also open Goa mall early next year comprising 7 lakh sq ft of retail space, this will be the largest mall in Goa.