DLF Plans To Create The "World's Biggest Mall" in Gurgaon, The City Of Malls
By Unregistered Visitors, Section Mall Culture in Gurgaon Posted on Wed Jun 22, 2005 at 12:14:15 AM EST
This story has appeared in today's Times of India as well as today's Hindustan Times in Delhi.
http://timesofindia.indiatimes.com/articleshow/1148973.cms
Prabhakar Sinha writes in the Times of India Gurgaon is set to get the mother of all malls a humungous 40-lakh sq ft sprawling property that is being touted by its developer DLF Universal as the biggest mall of the world.
The average size of malls here is 2.5 lakh sq ft; this will be 16 times bigger.
The mall - christened Mall of India - will be spread over 32 acres and will have parking space for 10,000 cars.
These ambitious plans have been drawn up at a time when footfalls are down at Gurgaon malls and rental rates have virtually halved.
But DLF is unfazed. It says Gurgaon with so many malls will soon develop as a mega shopping district in the NCR region.
What's the basis of the claim that this will be the biggest in the world?
DLF spokerperson Kajal Aijaz said the biggest now is Mall of America in Minneapolis which has a covered area of 38 lakh sq ft, followed by a mall in Shanghai which is 30 lakh sq ft. Mall of India would be bigger than these, she said.
The DLF mall located on the Delhi-Jaipur highway has been designed by Jerde Partnership which also designed the mega malls in Minneapolis and Shanghai. Its construction work is expected to be over by 2007.
The costs are not known but property consultants said it could be in the region of Rs 1,500 crore.
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