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By Hariharan U
Published on February 27, 2026
India’s organised retail landscape is steadily moving beyond transactional shopping towards experience-driven destinations where dining, entertainment and social engagement take centre stage. In 2025, retail leasing across major cities touched approximately 8.9 million sq. ft., among the strongest performances in recent years. While fashion brands accounted for nearly 48% of leasing demand, food and beverage made up about 13% and entertainment close to 8%, underlining the growing weight of experiential formats. Across north India, several prominent malls and high streets reflect this transition.
Ambience Mall, located on NH-48 along the Delhi–Gurugram border, remains one of NCR’s largest retail destinations. Opened in 2007 and spanning nearly 1.8 million sq. ft., it houses over 200 outlets alongside multiplex and dining options, positioning itself as a combined retail and leisure hub. Similarly, Ambience Mall continues to anchor organised retail in south Delhi with its expansive brand mix, entertainment zones and established food offerings.
In west Delhi, Vegas Mall caters to a catchment of over one million residents, blending fashion retail with gaming zones and a multiplex to drive longer visits. Gurugram’s Reach 3Roads adopts an open-air, pedestrian-friendly high street design along the fast-growing SPR corridor, prioritising community interaction over enclosed formats.
Beyond NCR, CP67 integrates retail, office and entertainment in a mixed-use layout along Airport Road, reflecting tier-two market ambitions. In new residential belts of Gurugram, Felix Plaza is planned with over 150 outlets and leisure zones, while SPJ Vedatam introduces organised retail infrastructure into the dense Old Gurugram neighbourhood.
Collectively, these projects underline how India’s malls are increasingly designed as lifestyle ecosystems where visitors come not only to shop, but to dine, socialise and spend time
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