Real estate major DLF is gearing up to add 1.4 million sq ft of retail space this financial year, with new launches planned in Goa, West Delhi, and Gurugram. The company aims to tap into rising consumption and the rapid growth of organised retail in India.

DLF will soon open 'Midtown Plaza' at Moti Nagar in West Delhi, followed by 'Summit Plaza' in Gurugram. Together, these neighbourhood centres will offer over 7.5 lakh sq ft of space. Designed as lifestyle hubs integrated with DLF’s residential communities, both will feature boutique cinemas, co-working zones, wellness centres under the ‘Thrive’ brand, and a curated mix of F&B and retail brands.

Early next year, DLF will also launch Goa’s largest shopping mall, with a retail footprint of 7 lakh sq ft. “Goa is a high-potential, underserved market with a rising affluent consumer base,” said Pushpa Bector, Senior ED and Head of DLF Retail.

The company is also working on a 2.5 million sq ft mega mall in Gurugram as part of its long-term retail growth strategy. Currently, DLF’s retail portfolio spans around 4.5 million sq ft across eight properties, managed under DCCDL, its JV with Singapore's GIC.