{"id":2936,"date":"2022-06-15T18:55:53","date_gmt":"2022-06-15T13:25:53","guid":{"rendered":"https:\/\/www.propertyxpo.com\/blog\/?p=2936"},"modified":"2022-06-15T19:18:09","modified_gmt":"2022-06-15T13:48:09","slug":"dlf-planning-to-invest-rs-3000-crore-in-a-six-year-retail-campaign","status":"publish","type":"post","link":"https:\/\/www.propertyxpo.com\/blog\/dlf-planning-to-invest-rs-3000-crore-in-a-six-year-retail-campaign\/","title":{"rendered":"DLF Planning To Invest Rs 3,000 Crore in a Six-Year Retail Campaign"},"content":{"rendered":"

DLF<\/a> In addition to retail space in its prospective residential and commercial buildings, the business has planned malls in Gurugram and Goa, as well as high streets in Gurugram.<\/em><\/strong><\/p>\n

DLF , the country’s largest real estate developer, plans to expand around 5 million square feet over the next 5-6 years with an expenditure of approximately Rs. 3,000 crore, according to a senior official.<\/p>\n

In addition to retail space in its future residential property in gurgaon<\/strong><\/em><\/a>\u00a0 and commercial buildings, the company plans malls in Gurugram<\/a> and Goa, as well as Gurugram high streets.<\/p>\n

“We anticipate that organised retail will continue to develop faster than retail as a sector,” said DLF’s rental business MD, Sriram Khattar. “Our development strategy should double our retail portfolio over the next five to six years.”<\/p>\n

One of the destinations is Goa, India’s richest state in terms of per capita income. “Our development in Goa will give the Goan population with a high-quality shopping experience,” he added. The DLF Mall of India in Gurugram is currently in the planning stages.<\/p>\n

DLF Mall of India, Gurugram, is expected to be around 1.5 times larger than DLF Mall of India, Noida.<\/p>\n

\u201cTask on one such establishment has launched in DLF 5 in Gurugram, and we are considering a comparable construction in New Gurugram and West Delhi.” The mall in Gurugram would be roughly 3 million square feet, while the Goa mall would be about 5.5 lakh square feet.<\/p>\n

Footfalls in the company’s malls have rebounded to 95 percent of pre-Covid levels, according to analyst presentations.<\/p>\n

“We have great relationships with our tenant partners and are confident about their support for future growth. We have constructed a robust office amenities block for our office clients, in addition to stand-alone retail destinations “DLF Retail executive director Pushpa Bector remarked.<\/p>\n","protected":false},"excerpt":{"rendered":"

DLF In addition to retail space in its prospective residential and commercial buildings, the business has planned malls in Gurugram and Goa, as well as high streets in Gurugram. DLF , the country’s largest real estate developer, plans to expand around 5 million square feet over the next 5-6 years with an expenditure of approximately Rs. 3,000 crore, according to a senior official. In addition to retail space in its future residential property in gurgaon\u00a0 and commercial buildings, the company <\/span>Continue Reading<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":2937,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/comments?post=2936"}],"version-history":[{"count":3,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2936\/revisions"}],"predecessor-version":[{"id":2940,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/posts\/2936\/revisions\/2940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media\/2937"}],"wp:attachment":[{"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/media?parent=2936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/categories?post=2936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyxpo.com\/blog\/wp-json\/wp\/v2\/tags?post=2936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}