DLF plans Rs 1000 cr mall in Gurgaon

Real estate firm DLF has tied-up with Jerde Partnership to create an integrated Rs 1,000 crore (Rs 10 billion) project in Gurgaon, which will house retail and entertainment units in a concept called the 'Mall of India'.

The project, to be built between NH-8 and DLF city entrance, is planned over an area of 32 acres, a company source said.

The project will offer about 3.6 million sq ft of space for hypermarkets, terraced retail, retail bazaar, cafes, food courts, restaurants, cineplex complex, amusement parks, ice rings, an amphitheatre and a sky bar, it said.

The project is expected to cost around Rs 1,000 crore and would be completed by 2008.

The construction work for the project has already started. DLF plans to start a shuttle bus service to connect the mall to the surrounding DLF city, Indira Gandhi International Airport and other parts of New Delhi.

The proposed mall would not just be shopping or entertainment specific but would also offer space for festivals, marriages and sporting events.

The project would be split into four elements mountains, terraces, glaciers and the lake, signifying four aspects of its design.