DLF is reportedly eying to raise its rental revenues from Rs 2,400 crore to Rs 3,000 crore in FY16 with the help of its upcoming retail project -- Mall of India in Noida.
The mall, scheduled to be launched in Diwali, will have a leasable area of around 2 million sq ft, which is near to the current retail portfolio of the company at 2.2 million sq ft. Around Rs 1,000 crore has gone into the project, touted as among the biggest retail destinations in the country.
DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.