DLF to Construct Three New Malls, Grow Commercial Portfolio
DLF, a listed real estate developer located in Delhi NCR, intends to expand its retail portfolio by building three malls in Goa, Gurugram, and Delhi, Vice Chairman and MD (Rental Business) Sriram Khattar of DLF said in an interview with Moneycontrol.
According to Khattar, the company had put plans for mall expansion on hold during the COVID-19 time, but in the last two to three years, it has returned its attention to growing its retail portfolio through malls.
“We are currently building three new malls. According to Khattar, Moneycontrol, three new malls would open in Moti Nagar in central-west Delhi, DLF Phase-5 in Gurugram, and Panjim in Goa.
DLF currently has a retail portfolio of about 5 million square feet; after these malls are open, the retail portfolio will grow to over 6.3 million square feet.
