Rs 200 Crore Expansion In Delhi Planned By DLF
Real estate major DLF has planned to invest Rs 200 crore to expand its mall at Vasant Kunj, New Delhi. The plan is to develop 300,000-400,000 sq ft of space as a luxury retail area next to DLF Promenade. The firm would apply for approvals from the Delhi Development Authority (DDA).
This upcoming mall is likely to have rentals in the range of Rs 250-300 per sq ft per month, which would help the company increase its rental income by about Rs 100 crore a year.
Also Read: Rs 3,000 Crore Investment Planned By DLF