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DLF to invest Rs 2,000 crore to construct two new shopping malls in Gurugram, Goa

28 Mar 2022 Evaluate

DLF is planning to invest around Rs 2,000 crore to construct two new shopping malls in Gurugram and Goa, as it sees huge growth potential in organised retail with opening up of the economy after significant reduction in COVID-19 cases. At present, DLF has a retail footprint of 42 lakh square feet comprising eight properties, including malls and shopping centres, mainly across Delhi-NCR. The construction is expected to start by the end of this year.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.

Peers
Company Name CMP
Lodha Developers 1079.00
Prestige EstatesProj 1430.10
Dilip Buildcon 404.80
DLF 622.80
Oberoi Realty 1711.85
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