In the vibrant core of New Delhi, the Delhi Dukaan Yojna under The Delhi Mall project on Main Patel Nagar Road emerged as a game-changer in commercial real estate, announcing its registration and booking details for affordable shop ownership opportunities.
This RERA-registered initiative (DLRERA2018P0013) represents India's first redevelopment commercial project under a Public-Private Partnership (PPP) model with the Delhi Development Authority (DDA), guaranteeing stringent regulatory compliance, transparency, and investor confidence. Spanning over 5 lakh square feet across 10 floors, the mall is poised to become a multifaceted lifestyle hub, attracting an estimated 20,000 daily footfalls from Delhi's bustling population.
At the forefront of this visionary project is a future-ready investment model that transcends traditional real estate. Upon operationalization as a rent-yielding asset, The Delhi Mall could be listed under the Securities and Exchange Board of India’s (SEBI) Small and Medium Enterprises Real Estate Investment Trust (SME-REIT) or Infrastructure Investment Trust (IIT) framework. Investors would see their ownership seamlessly transferred into REIT units, valued independently by certified appraisers, enabling trading on SEBI's electronic platforms.
This innovative structure not only provides liquidity—allowing exits without the typical lock-in periods of physical property—but also generates dual income streams: steady rental yields (projected at 8-10% annually based on similar assets) and capital appreciation driven by market dynamics and Delhi's escalating property values, which have surged 15% year-on-year in Central Delhi. Strategically anchored on the arterial Patel Nagar Road, The Delhi Mall commands unparalleled visibility and accessibility, serving as a nexus for Central and West Delhi's 5 million-plus residents. Its proximity to key landmarks—mere 5 km from Connaught Place's commercial epicenter, 3 km from Karol Bagh's wholesale markets, and seamless links to Rajendra Nagar's educational hubs, Punjabi Bagh's affluent neighborhoods, and even South Delhi via the upcoming Delhi-Meerut Expressway—ensures effortless connectivity via metro (Patel Nagar station on Blue and Pink Lines), buses, and highways. Developers envision it not merely as a retail space but as a comprehensive commercial ecosystem, fostering synergies among shopping, entertainment, dining, and leisure to cultivate a loyal customer base and maximize occupancy rates above 90%.
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The Delhi Mall's "dukaan ownership" paradigm disrupts the conventional leasing model, empowering small entrepreneurs, regional brands, and first-time investors to claim perpetual ownership of commercial units in a high-traffic environment. Priced starting from ₹50 lakh for compact 200 sq ft shops to ₹2 crore for expansive 1,000 sq ft showrooms, the scheme democratizes access to premium real estate, historically dominated by institutional players. The architectural blueprint, approved under building plan CA/BP/0062/19-20, integrates sustainable features like solar panels for 30% energy needs, rainwater harvesting, and LEED certification pursuits, aligning with DDA's green urban development mandates.
Key offerings include:
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Premium Showrooms (Floors 6-10): Vast spaces exceeding 5,000 sq ft per unit, ideal for luxury flagships in jewelry (e.g., Tanishq-inspired outlets), automobiles (showroom-cum-service bays), and high-end electronics. Multi-level automated parking for 1,500 vehicles, with dedicated valet zones, addresses urban congestion woes.
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Dynamic Retail Hub (Floors 3-5): Three expansive levels aggregating 1.5 lakh sq ft for fashion emporiums, lifestyle boutiques, and essential goods stores like supermarkets and pharmacies, engineered for 24/7 operations with climate-controlled environments to drive consistent footfall.
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Vibrant Food & Leisure Precinct (Floor 2): A 50,000 sq ft gastronomic haven boasting a 20-outlet food court, multi-cuisine restaurants, trendy lounges, and artisanal cafes, complemented by recreational zones like indoor play areas and gaming arcades, targeting families, millennials, and corporate crowds from nearby offices.
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State-of-the-Art Multiplex (Floors 1 & Basement): A nine-screen PVR-backed cinema complex with cutting-edge 4K projection, immersive 4D experiences, and a child-centric mini-theatre, projected to contribute 30% of total footfall through blockbuster screenings and events.
The infrastructure backbone features high-speed escalators and glass elevators for seamless vertical transit, 24/7 CCTV with AI analytics for security, 100% diesel-free power backup via generators and UPS, and state-compliant fire suppression systems including sprinklers and smoke detectors. Accessibility is enhanced with ramps for differently-abled visitors and EV charging stations for 50 vehicles.
Registrations for the Delhi Dukaan Yojna kicked off at 6:00 AM on September 22, 2025, and will close at 11:59 PM on September 26, 2025, followed by unit allocation via a transparent lottery draw on September 28 at 11:00 AM. Aspiring owners must submit a token booking amount of ₹31,000 online through the project's secure portal, with full payment structured in flexible installments over 24-36 months, including subvention schemes where developers cover EMIs until possession in Q4 2027.
This project distinguishes itself through an entry barrier shattered for the masses: while Central Delhi commercial plots command ₹1-2 lakh per sq ft, The Delhi Mall offers ownership at ₹2-3 lakh per sq ft, inclusive of mall management fees capped at 10% of rentals. Its 2-km primary catchment radius encompasses 1.5 lakh high-income households (average ₹15 lakh annual income), augmented by secondary draw from 10 lakh within 5 km, ensuring robust demand. As a DDA-endorsed PPP venture, it benefits from subsidized land acquisition and expedited approvals, mitigating risks associated with standalone developments.
The ripple effects on Delhi's retail landscape could be profound. By shifting from ephemeral leases (average 3-5 years) to ownership, the Yojna empowers SMEs to build equity, potentially spawning 500+ micro-businesses and generating 5,000 direct jobs in operations, maintenance, and ancillary services. Industry analysts predict a 20% uptick in organized retail penetration in West Delhi, reducing reliance on fragmented bazaars and curbing unorganized sector dominance. If replicated across the NCR—perhaps in Noida or Gurgaon—the model could catalyze a ₹10,000 crore investment wave, aligning with the government's Atmanirbhar Bharat push for indigenous entrepreneurship.
In essence, The Delhi Mall transcends brick-and-mortar confines, embodying the ethos of “Dilli ke Dil main Dilli ki Dukan”—a clarion call for Delhiites to root their entrepreneurial dreams in the city's pulsating core. With registrations underway, this could herald the dawn of a democratized retail renaissance, where ownership isn't a privilege of the elite but a pathway for every ambitious visionary.
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