India’s retail real estate scene is gearing up for a significant shift—DLF, one of the country’s largest real estate giants, has announced its aggressive retail expansion plan for FY26, and the spotlight is on Goa, West Delhi, and Gurugram. With over 14 lakh sq ft of premium retail space in the pipeline, DLF is betting big on India’s rising consumption power and the surge in organized retail.
What’s Coming: Goa’s Largest Shopping Mall & Two Chic Neighborhood Plazas
In an exclusive statement to HT Real Estate, Pushpa Bector, Senior Executive Director and Business Head at DLF Retail, revealed that the company will be launching:
- A mega shopping mall in Goa with a massive 7 lakh sq ft retail footprint
- DLF Midtown Plaza in Moti Nagar, West Delhi (2.88 lakh sq ft)
- DLF Summit Plaza in Gurugram (4.8 lakh sq ft)
That’s a total addition of nearly 14 lakh sq ft, all set to go live within the next 12 months!
📍 Goa Gets Its Retail Moment
DLF’s move into Goa is particularly exciting. With the largest shopping mall in the state opening in early 2026, the coastal city is about to witness a retail transformation.
“Goa is a virgin market with huge potential. It’s drawing professionals from metros like Mumbai and Bengaluru. Our mall will fill a major retail gap,” said Bector.
The new mall will cater to both locals and the rising influx of high-spending urban migrants and tourists. Expect premium brands, curated dining experiences, and entertainment under one sprawling roof.
Delhi & Gurugram’s New High Streets: Inspired by Khan Market
DLF is not stopping at Goa. The company’s plans to elevate neighborhood retail are embodied in two high-end plazas—Midtown Plaza in West Delhi and Summit Plaza in Gurugram.
These aren’t just shopping complexes—they’re experiential community hubs featuring:
- Boutique cinemas (2–3 screens, 300 capacity)
- Thrive by DLF wellness centers (gyms, nutrition, co-working)
- Premium cafés, artisanal bakeries & curated F&B outlets
- International and homegrown retail brands
“These plazas are modeled to be vibrant high streets, offering lifestyle convenience and premium vibes—much like Delhi’s iconic Khan Market,” Bector added.
DLF’s Strategic Vision: A Retail Renaissance
According to DLF, India’s organized retail sector has not only bounced back post-COVID but is thriving with record-high footfalls and F&B consumption. In fact, food & beverage now accounts for 20–22% of DLF’s retail space usage.
With consumption rising across metros and Tier 2 cities, DLF’s bet on high-end, integrated retail ecosystems is a strategic move to lock in long-term growth.
Bector also revealed that DLF is developing a 25 lakh sq ft mega mall in Gurugram, further consolidating its leadership in India’s luxury and lifestyle retail segments.
DLF’s Retail Footprint: Expanding at Full Throttle
At present, DLF owns and manages eight operational retail properties, including the massive DLF Mall of India in Noida, and controls a commercial portfolio of 45 lakh sq ft under its DCCDL joint venture with Singapore’s sovereign wealth fund GIC.
With FY26 bringing in:
- Goa’s biggest shopping destination
- Two next-gen neighborhood plazas
- A 25-lakh sq ft mall in Gurugram (under development)
DLF is undoubtedly setting new standards in commercial and retail real estate across India.
