Vegas Group bets ₹1,000 cr on 3 mn sq ft Dwarka project anchored by 1 mn sq ft luxury mall
JV of Unity, HL and RP Groups has picked up 10.43 acres in Dwarka Sector 22 from DDA to build a mixed-use complex featuring a bridge-to-luxury mall, hotels and offices. The 1 million sq ft mall positions Dwarka as a new premium retail destination for west Delhi.
Vegas Group, a JV of Unity, HL and RP Groups, acquired 10.43 acres in Dwarka Sector 22 from DDA to build a ₹1,000 crore, 3 million sq ft mixed-use project including a 1 million sq ft bridge-to-luxury mall, hotels and offices.
Why this matters
Marks Vegas Group's largest bet yet, expanding from existing Dwarka retail presence into a 3 mn sq ft mixed-use format with a luxury mall anchor targeting west Delhi's premium catchment.
Store-opening activity remains steady with 178 signals tracked over the last 90 days.