DLF Retail announces expansion plans, adds 6 new properties to its existing portfolio

DLF Retail has announced 6 new properties as part of their robust expansion plans at the Phygital Retail Conclave 2021 in Mumbai. This will include 3 premium neighborhood plazas such as Summit Plaza in DLF 5, Gurugram, Midtown Plaza in Moti Nagar, Delhi and New Gurgaon Plaza in Sector 91, Gurugram and 2 office retail spaces, The Hub in Chennai and Cyber Park in Gurgaon.

In addition to this, DLF Retail will be entering the Goa market with Patto Plaza, a 0.3 million square feet premium offering at one of the most prime localities in the city. The addition signifies DLF’s continued growth not only in Delhi NCR but also across India with newer regions such as Chennai and Goa. With these 6 new properties DLF Retail will uncover 6.5 million square feet of futuristic retail spaces. The expansion will aim at offering focused & curated shopping as well as unrivalled F&B districts and inspiring cultural experiences.

Pushpa Bector, Executive Director- DLF Retail said, “This is an exciting time in our company's evolution.  We are introducing a new line of growth with the introduction of premium neighborhood plazas. These will complement our premium residential developments enhancing the quality of our DLF customers. Goa is an exciting market and our premium offering will offer the urban Goan resident a boost to the lifestyle experience. DLF has pioneered the evolution of retail offerings in offices space, and DLF Cyber Park and The Hub will further this focus. We continue to strengthen our property portfolio across to ensure we have a strong foundation to support our focus on growth – across our services and markets. We will continue to expand and deliver enhanced experiences by adding to our already existing retail mix through the coming years ahead. The idea is to continue to innovate in the interest of our consumers and key stakeholders to cater to their evolving needs.”