About DLF Mall of India 2, Sector 111
DLF is building a massive new retail destination in Sector 111, Gurugram, right along the fast-growing Dwarka Expressway corridor. DLF has commenced development of a new 26–27 lakh square feet shopping complex in Gurugram, at an estimated cost of about Rs 2,200 crore, making it one of the largest retail investments in the region. Positioned as a successor to the wildly popular DLF Mall of India in Noida, this project is being developed with the ambition of becoming India's biggest shopping and entertainment destination once it opens.
The development is part of a larger mixed-use vision. The retail and commercial-led mixed-use development titled "Down Town" will include a mall measuring over 2.5 million square feet which will make it India's largest yet. The retail mall will be part of an eight million square feet project that will also have a component of serviced apartments, five-star hotel and commercial development, and the project will be developed in two-three phases over more than five years.
This is a joint venture play by DLF's rental arm. A joint venture between DLF and Singapore's national wealth fund GIC, DLF Cyber City Developers Ltd (DCCDL) is responsible for the remaining retail portfolio, and this new Gurugram mall sits within that annuity business. Senior leadership has confirmed on-ground progress: "The construction of the 'Mall of India' in Gurugram has commenced," Sriram Khattar, MD (Rental Business) and Vice Chairman of DLF, said, underlining that this isn't just a paper announcement but an active construction site.
Once operational, the mall will add to DLF's already substantial retail footprint. Currently, DLF owns nine properties, mostly in Delhi-NCR, with a combined retail footprint of almost 42 lakh square feet, and this new Sector 111 mall is expected to be the flagship addition to that portfolio, targeting a late-2026 opening as the discovery brief around this project suggests.
