DLF to add 1.5m sq ft of retail space across Delhi, Gurugram and Goa
DLF expects three retail projects to add 1.5 million sq ft of gross leasable area this fiscal year, expanding its office and retail-led rental portfolio towards 50 million sq ft. The update comes as Q1 sales bookings fell 94% year-on-year after deferred launches.
DLF’s Q1 bookings fell sharply as launches were deferred, but it expects retail growth this fiscal year as three projects in Delhi, Gurugram and Goa add 1.5 million sq ft of leasable space.
Why this matters
The plan follows DLF’s recent signal that it will open three retail destinations spanning 1.5 million sq ft in FY27, while its Q1 update showed profit up 4% despite a 53% revenue decline and a 94% bookings drop.
Retail-company signals are accelerating, up 229683% quarter over quarter.
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- Mint · Companies — Same time