Press Release
DLF Mall of India announces reputed and
leading national & international brands as tenant partners at the retail
convention~
~Announces INR 1100
crore investment in the project~
~DLF Mall of India
New
Delhi, 4thJune 2013: The DLF Mall of India, Noida announced the
names of its key tenant partners at a retailer convention that took place in
Noida recently. DLF Mall of India which will be a fashion destination in the
country is a project with an investment of Rs 1100 crore and has inked agreement
deals with the world’s leading international retail brands many of which willopen their first flagship store in
India.Amongst the established international labels are Uniqlo,
Marks
& Spencer and Forever 21, that will showcase
their eclectic ensemblein the International
Boulevard
The International Boulevard which is spread across 5, 60,000 sq. ft.
retail space is going to see the presence of large format twin level stores
of:- Uniqlo(40,000 sq. ft. GLA.), Forever 21 (40, 000 sq. ft. GLA) and Marks and Spencer flagship (68,000 sq. ft. GLA).The tenant mix
of the debutants as well as existing international brands will make DLF Mall of
India a fashion destination in the country. Currently 50 percent of space has
already been leased out to the renowned and popular retailers.
The DLF Mall of India has
also signed other well recognized and leading franchisees of international
premium fashion labels like Major Brands, Arvind Ltd, Aditya Birla Nuvo
to unveil more than 30 international labels in the mall across 120,000 sq. ft.
of retail space.
Strategically located in
NOIDA, the DLF Mall of India is modeled after international flagship
properties, the 1.8 million sq. ft. mall is set to make an offering that will
be spread across six levels of retail experience with zones marked as, International Boulevard , Market Place, High Street, Family Hub and Entertainment City
Elaborating on the
associations, PushpaBector, Senior Vice President, heading DLF Mall of India
said,“We
are approaching key milestones and have completed over 50% of leasing
presently. We are extremely proud of our partnerships with national &
International brands that are going to make debut in the country through their
first flagship stores in DLF Mall of India .
Bringing these global brands to one stop destination reaffirms our commitment
to the retail industry and our discerning customers. We look forward to a long
lasting and successful relationship with all our partners and hope that the
mall and the brands receive warm response from the customers.”
With many first to its
portfolio, the DLF MoI will have over 450 brands under one roof. It will house a 1, 10,000 sq. ft. GLA hyper
market Reliance Mart in The Market
Place zone.
The second zone of the
mall which would be the High Street will house the cult high street fashion
under one roof. It will host an array of brands such as Anita Dongre, Global
Desi,Meena Bazaar, Kalpana, Study by Janak, Shakuntalam, etc.
An added feature is the
largest indoor Entertainment City
The DLF Mall of India will
host the largest food court with 1200 seating space. It will offer a delectable
dining experience through 22 casual dining restaurants .
With its unique selling
proposition the DLF Mall of India is going to set a benchmark for the Indian
Retail business. It will be the First LEED gold mall which has been the
designed by the international architect firm Benoy will be the one of the must
visit destination within the Golden Triangle Route and would have a catchment
of 4.9 million consumers as it would connect South, Central and East Delhi,
Noida and Greater Noida. The mall that would be operational in the last quarter
of 2013 is expected to be the destination of choice for Gen Y of the country.
About the DLF group:
DLF is one of the leading publicly listed real estate development companies in India , with projects spread pan India . [DLF has over 60 years of track record of
sustained growth, customer satisfaction, and innovation. The company has 332
million sq. ft. of planned projects with 62 Million Sq. of projects under
construction. DLF's primary business is the development of residential, commercial and
retail properties. The company has a unique business model with earnings
arising from development and rentals. Its exposure across businesses, segments
and geographies, helps mitigate any down-cycle in the market. From developing
22 major colonies in Delhi , DLF is now present
across 15 states-24 cities in India
About DLF Retail:
DLF forayed into the retail sector in the
year 2000. With a number of path-breaking landmarks for Indian retail, DLF
pioneered the retail revolution in the country and brought about a paradigm
shift by redefining the shopping, recreation and leisure experience. The
company has also won some accolades for its shopping Centers; DLF Promenade has
won the Best Mall of the Year 2011, Most Admired Shopping Centre of the Year
2011, Best Retail (Mall) Building Design Award and DLF Emporio has won the Most
Admired Specialty Mall (Metros) 2008, 2009, 2010, 2011 and the iMint Award for
Shoppers & Consumers Delight 2011. The total area of DLF’s leased
operational shopping malls is approximately 1.4 million sq. ft. and in the next
24 months, a robust growth up to 3.7 million sq. ft. is projected.
For Further Information contact:
For Press
Richa
Gopal Shrotriya / Richa Kochhar
+91
9560144115/ +91 9654458545
Weber Shandwick
For
Online Portals/ Bloggers
Amit
Gundh / Aakash Kumar
+91
9871100980/ +91 8447366351
Weber Shandwick
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DLF Limited proposes, subject to receipt of
requisite approvals, market conditions and other considerations, to make a
public offer of its Equity Shares only to Eligible QIBs by way of an
institutional placement programme and has filed a Red Herring Prospectus with
the RoC. The Red Herring Prospectus is available on the website of the Company
at the website of SEBI at www.sebi.gov.in and the Stock Exchanges at
www.nseindia.com and www.bseindia.com. Investors should note that investment in
Equity Shares involves a high degree of risk and for details relating to the
same, see the section titled “Risk Factors” of the Red Herring Prospectus.
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