DLF to open three retail destinations spanning 1.5 million sq ft in FY27
DLF said Midtown Plaza in New Delhi, Summit Plaza in Gurugram and DLF Promenade in Goa are scheduled to commence operations this fiscal year. The developer reported Q1FY27 net profit of Rs 794 crore and maintains a 50 million sq ft rental portfolio with 95% occupancy.
DLF reported Q1FY27 net profit of Rs 794 crore and said three retail destinations totaling about 1.5 million sq ft will open this fiscal: Midtown Plaza in New Delhi, Summit Plaza in Gurugram and DLF Promenade in Goa.
Why this matters
The plan extends DLF's recent signal on adding 1.5 million sq ft of retail space, alongside its resurfaced ₹6,000-crore Gurugram office-and-retail expansion and Q1 profit update.
Store-opening is steady, with 1,698 signals in the past 90 days; QoQ change was not provided.