Vegas Group bets ₹1,000 cr on 3 mn sq ft Dwarka project anchored by 1 mn sq ft luxury mall
JV of Unity, HL and RP Groups has picked up 10.43 acres in Dwarka Sector 22 from DDA to build a mixed-use complex featuring a bridge-to-luxury mall, hotels and offices. The 1 million sq ft mall positions Dwarka as a new premium retail destination for west Delhi.
What happened
Vegas Group, a JV of Unity, HL and RP Groups, acquired 10.43 acres in Dwarka Sector 22 from DDA to build a ₹1,000 crore, 3 million sq ft mixed-use project
Key facts
- 10.43 acres
- ₹1,000 crore
- 3 million sq ft
- 1 million sq ft mall
Why this matters
DDA's 10.43-acre Dwarka award to the Unity-HL-RP JV flags a partnership and land-anchor template worth tracking for co-development or anchor-tenant deals.