Delhi Development Authority

Overview of Delhi Mall Complex

After the resounding success of the Phase-1, Raheja Developers, as a part of a Public-Private Partnership with DDA, the Government of India, proudly launches “Surakshit Nivesh Yojna Scheme (Ph-2)” in the project Delhi Mall. The project is located in the heart of Central Delhi, on Pusa Road, in Patel Nagar, a major residential locality known for its social infrastructure and amenities. The mall is part of The Leela Sky Villas complex, which is the tallest planned tower in Delhi, standing more than 2.5 times taller than the Qutub Minar. The Delhi Mall Complex is designed to be the most happening commercial building in Central/West Delhi. It is strategically located in the middle of a highly populated residential area, and high footfall is expected in the future as there are not many shopping malls within a 5 km radius. The mall is well connected through public transport and the metro, with the nearest metro stations being Shadipur and Kirti Nagar It is close to highly populated residential catchment areas like Kirti Nagar, Patel Nagar, Punjabi Bagh, Rajendra Nagar, Pitampura, Model Town, Karol Bagh and many more. This complex is under construction and 50% built and shall be inaugurated soon. Once the complex is ready, one can expect good rental income and capital appreciation as expression of interest has been received from various national and international brands.

Our Location

Spanning over 3 lac Sq. Ft., the project boasts an array of premium brands like Inox-PVR cinemas, Shoppers Stop, Haldiram’s, and many more. The complex is thoughtfully designed, with retail on the Ground floor, and has dedicated anchor stores and cafes on the First and Second Floors. The third floor is dedicated to Food Court, Restaurants, and Children’s Entertainment, while the Fourth Floor is devoted to Inox-PVR cinemas. The Delhi Shopping Complex benchmarks modern commercial infrastructure, boasting state-of-the-art amenities like Super Luxury Interiors, Lifts, Escalators, Power Back-Up, CCTV Cameras, Fire Fighting Equipment, 3 Level Basements, and Multi-Level Car Parking. The project is RERA approved with timelines till 2025. Through this scheme, the applicant has an opportunity to invest in an undivided share of a shop (as approved in sanctioned building plan) as a Co-Applicant with in a LLP/Partnership/ PVT LTD Company. Post conveyance of the sanctioned shop in favour of the said LLP/Partnership/ PVT LTD Company, a nominated asset manager (IPC) shall lease the said spaces to tenants and distribute the rent to all applicants in proportionate share of their respective area. The Developer also intends to list the Project on the SEBI platform of SM-REITs, in which case Investors shall be able to swap their area with REIT units, avail non-taxable regular dividend income through an online medium as well as sell/purchase their allocated REIT units online.