Gurugram

DLF plans to add six more properties to its existing portfolio

March 5, 2024

6 min read

DLF Retail unveiled 6 new properties as part of their aggressive growth. This includes 3 premium neighbourhood plazas, Summit Plaza in DLF 5, Gurugram, Midtown Plaza in Moti Nagar, Delhi, and New Gurgaon Plaza in Sector 91.

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DLF Retail Expansion

DLF Retail has unveiled six new locations as part of its aggressive growth strategy. This will feature three premium neighbourhood plazas: Summit Plaza in DLF 5, Gurugram; Midtown Plaza in Moti Nagar, Delhi; and New Gurgaon Plaza in Sector 91, Gurugram ; and two office retail spaces: The Hub in Chennai and Cyber Park in Gurgaon.

In addition, DLF Retail will join the Goa market with Patto Plaza , a premium offering of 0.3 million square feet in one of the city's most desirable locations. The acquisition represents DLF's continuous expansion not just in Delhi NCR, but also across India, including additional locations like as Chennai and Goa.

DLF Retail, known as a real estate development pioneer, will unveil 6.5 million square feet of modern retail spaces with these six new projects. The extension will provide concentrated and tailored shops, unrivalled F&B areas, and intriguing cultural events.

Pushpa Bector's Statement

Pushpa Bector, Executive Director at DLF Retail, said, "This is an exciting period in our company's history. We are launching a new path of expansion with the development of premium neighbourhood plazas. These would complement our luxury residential complexes, hence improving the quality of our DLF clients. Goa is an attractive market, and our premium product will enhance the urban Goan resident's living experience. DLF has pioneered the expansion of retail services in office space, and DLF Cyber Park and The Hub will continue this trend."

"We continue to enhance our property portfolio to ensure that we have a solid basis to support our growth strategy across all of our services and markets. We will continue to extend and improve experiences by adding to our current retail mix in the future years. The goal is to continue to innovate in the best interests of our customers and key stakeholders in order to meet their changing demands," she said.

DLF Malls

Today, DLF Malls has 4.2 million square feet of retail space, 673 distinct brands, including over 300 foreign and 168 F&B outlets, and 26 movie screens spread throughout malls. DLF Malls strengthened its leading position during the COVID-19 year by signing 158 prominent brands across categories at its eight premium and luxury properties in Delhi-NCR. While it has been a terrible year for companies throughout the world, the retail sector has remained positive, and organised retail has recovered from the second wave. DLF Malls, with its strategic vision, has been successful in enhancing its brand portfolio by adding a number of new international and domestic names to its existing robust retail offering.

DLF Malls has also implemented an H14 grade HEPA filtration system, prioritising the health and safety of its visitors. This newly launched deployment has been installed across all DLF Malls, including DLF Avenue- Saket, DLF Promenade- Vasant Kunj, DLF Mall of India- Noida, DLF Emporio- Vasant Kunj, and The Chanakya- Chanakyapuri , with the goal of providing a safe environment for all customers who visit the properties to shop, dine, and entertain themselves with their families and friends.

Frequently Asked Questions

How many distinct brands does DLF Malls currently have?

What are some of the new locations unveiled by DLF Retail?

How much modern retail space will DLF Retail unveil with its six new projects?

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