Industry data underscores the change. Retail leasing across India’s major cities reached about 8.9 million sq ft in 2025, among the highest levels recorded in recent years. Fashion brands accounted for nearly 48% of leasing demand, while food and beverage outlets represented about 13% and entertainment roughly 8%, highlighting the growing importance of experiential retail formats. Across north India, several developments illustrate how malls are adapting to these changing expectations.
Ambience Mall, Gurugram
Location: NH-48, Ambience Island, DLF Phase 3, Gurugram
Highlight: One of the largest shopping malls in the Delhi-NCR region
Ambience Mall is a large-scale retail and entertainment destination located along the Delhi–Gurugram border. The Mall houses a wide mix of international and domestic brands along with restaurants, cafés and multiplex entertainment, attracting visitors from both cities. Opened in 2007, it spans roughly 1.8 million sq ft of built-up area and includes over 200 retail outlets, making it one of the largest operational malls in north India.
Ambience Mall, Vasant Kunj
Location: Nelson Mandela Road, New Delhi
Highlight: One of the largest and most established malls in Delhi
This Mall remains one of the capital’s best-known organised retail destinations. It hosts a wide mix of domestic and international brands along with multiplex entertainment and extensive dining options, attracting visitors from across south Delhi and neighbouring Gurgaon. It has long been counted among the largest operational malls in Delhi, with hundreds of retail outlets spread across multiple floors.
Vegas Mall, Dwarka
Location: Sector 14, Dwarka, New Delhi
Highlight: Retail, Multiplex and indoor entertainment hub
Vegas Mall serves one of west Delhi’s largest residential catchments. It combines fashion retail with restaurants, gaming zones and a PVR multiplex, creating a destination that blends shopping with entertainment. Dwarka has a population of over one million residents, making it one of Delhi’s largest planned sub-cities and a strong catchment for organised retail.
Reach 3Roads, Gurgaon
Location: Southern Peripheral Road (SPR), Gurugram
Highlight: Open-air high street retail concept
Reach 3Roads adopts a high street layout rather than the conventional enclosed mall format. Designed around landscaped courtyards and pedestrian-friendly walkways, the development integrates restaurants, cafés, retail, and leisure in an open-air setting that encourages longer dwell time and community engagement.
Reflecting India’s shift toward experience-led retail, the project prioritises accessibility, outdoor interaction, and lifestyle-driven consumption over traditional transactional formats. The Southern Peripheral Road (SPR) corridor has rapidly evolved into one of Gurugram’s fastest-growing residential micro-markets, with a significant concentration of new housing developments strengthening the project’s captive catchment.
CP67, Mohali
Location: Sector 67, Airport Road, Mohali
Highlight: Mixed-use lifestyle complex in the Chandigarh tricity region
CP67 integrates high-street retail, office spaces, restaurants and entertainment facilities within a single complex, reflecting the growing trend of mixed-use developments in tier-two urban markets. Mohali’s Airport Road corridor has emerged as one of the fastest-growing commercial districts in the Chandigarh tricity region, attracting new office and retail projects.
Felix Plaza, Gurgaon
Location: Sector 82A, Gurgaon
Highlight: Retail and entertainment destination serving emerging residential sectors
Felix Plaza is a commercial retail development, bringing together retail outlets, dining spaces and entertainment facilities within a single complex. The project is planned to include more than 150 retail outlets along with a multiplex, food court, fine dining restaurants and entertainment zones, reflecting the growing demand for organised retail and leisure destinations.
SPJ Vedatam, Gurgaon
Location: Sector 14, Old Gurgaon
Highlight: Organised retail hub entering a traditional market neighbourhood catering to 11 sectors
SPJ Vedatam aims to introduce modern and organised retail infrastructure to an area historically dominated by neighbourhood markets and small shops. Old Gurgaon remains one of the city’s most densely populated residential districts, making it an attractive location for organised retail development.
