Goa, 24th August 2026: DLF’s upcoming mall in Goa is 64% leased, with the developer targeting 85-90% leasing over the next six to eight weeks as it prepares to open the project by the end of 2026 or early 2027.
Sriram Khattar, Vice Chairman and Managing Director, Rental Business, DLF Ltd, said the mall had received its Occupation Certificate (OC), while finishing work and leasing activities are currently underway.
“In Goa, while we have got the OC, the finishing works are in progress. Leasing is in progress, and we are targeting to open the mall in either end of this year or early next year,” Khattar said during a recent investors’ call.
As of July 31, the mall was 64% leased. DLF expects leasing to increase to 85-90% over the next six to eight weeks. The company also expects anchor fit-outs to begin later this month.
Khattar said the company expects an average rental of ₹170-175 per sq ft across the mall.
The developer is also seeing continued interest from brands, although some retailers that have not previously operated in Goa are taking longer to enter the market.
“At the moment, about 64% is leased as we speak, say, 31st July. And the momentum is pretty strong,” Khattar said, adding that DLF is hopeful of crossing 85-90% leasing in the following six to eight weeks.
The Goa project is part of DLF’s broader retail expansion strategy. The company is also developing new retail formats and plans to increase its retail footprint in the coming years.
With the Occupation Certificate already secured, the immediate focus for the Goa mall is completing finishing work, closing the remaining leasing and beginning anchor tenant fit-outs before its targeted opening.
