Raheja, The Delhi Mall, is the first mixed-use commercial development in New Delhi with multi-level lift car parking. It is a part of the ultra-luxury residential project The Leela Sky Villas, the tallest planned residential tower in Delhi.
Location of The Delhi Mall
Earlier, the project’s location was known as a Kathputhli Colony slum area. Still, after the Delhi Government decided to redevelop this area, residents of this colony were shifted to the Anand Parbat area, and the land has given to Raheja Developers. The Delhi Mall is located at a prime location on Patel Nagar road adjacent to Shadipur flyover and opposite the Delhi Milk Scheme.
The Delhi Mall is very well connected to public transport facilities, and the nearest metro stations are Shadipur metro station and Kirti Nagar metro station. Raheja, The Delhi Mall, is located right in the middle of a high-density population area, and within a 5 km area, there are not many shopping mall options. So most families go to South Delhi or Gurgaon for shopping and dining out.
Raheja Delhi Mall Concept
According to the developers, Delhi Mall will offer a unique shopping experience yet unseen in Delhi NCR. The project has a special zone dedicated to shopping, anchor store, entertainment, and food court. Here, most shops are atrium facing, which gives them high visibility.
- Retail shopping on the ground, first and second floor
- Entertainment zone and food court on the third floor
- Nine screen INOX Cinema on the 4th floor
- Pubs and brewery on the 5th floor
- Luxury jewelry and automobile showrooms with multi-level car parking on the 7th to 11th floor
Raheja Mall Snapshot
- Promoters: Raheja Developers
- Type: Retail Shops
- Land: 5.5 acres (3 acres Leela Sky Villas and 2.5 acres Delhi Mall)
- Status: Under Construction
- RERA Registration No: DLRERA2018P0013
- Extended Possession Date: End 2023
- Minimum Investment: 64.75 lakhs
Although Raheja Delhi Mall is situated at a very prominent location in central Delhi, the area is very congested, and there is mostly traffic jam there. Many potential buyers hesitate to invest in this project because of its location as they feel the place is not suitable for a project like this.
Another drawback of this project is the high-ticket size; in today’s scenario, very few customers are ready to invest 60 lakhs or more in a virtual space property. Starting range for physical space or self-use property options is approx. 2.50 cr that too is very high for most of the buyers.
Raheja Developers are planning to run this mall and this is very good for investors. The developer will keep the leasing rights with them so that only reputed brands can run their outlet here, and the investor doesn’t have to look for tenants for their property. Raheja Delhi Mall has no competition, at least for the next few years, planning and offerings in the mall are in a way that there will be high footfall in the mall. That means brands having stores here can have increased sales, and space here will always be in demand to get a good return on their investment.
Overall investing in Raheja Delhi Mall is a good option if you have funds and have an investment plan for at least five years. I suggest you do your research before buying or investing in this project, and if you have any queries or want the best deal in Raheja Delhi Mall, you can mail me at email@example.com or call 9599705565