DLF PROMENADE GOA — New Project Coming Up in Patto Plaza, Panaji
DLF Marks West India Entry with Premium Retail Destination
DLF Promenade Goa marks the entry of India's premier developer into the vibrant state of Goa. DLF Malls, the retail arm of real estate developer DLF Limited, is set to enter West India with the launch of its first shopping centre in Goa, located in Panjim, the state's capital.
Location and Land Extent
This new launch premium commercial and retail development is strategically located at Patto Plaza in Panaji, the heart of North Goa. Spread across ~4.48 acres, the project is designed to become the new hub for shopping, dining, and business in the region.
Patto Plaza is a well-established commercial and business district in Panaji, housing numerous government offices, banks, and corporate headquarters. The area is known for its excellent infrastructure, wide roads, and proximity to the Mandovi River.
Retail and Commercial Composition
The development features a sprawling retail mall with approximately 7 lakh square feet of built-up area, planned to host over 300 national and international brands. More than 200 brands will have a presence in this mall, including Shoppers Stop and PVR as major tenants. The mall will have a 5-screen multiplex.
Alongside the retail spaces, modern commercial office spaces are also part of the master plan.
Infrastructure and Connectivity
The development is well-connected via road networks, including the NH-66 and other arterial roads, making it easily accessible from all parts of Goa. The Dabolim Airport is approximately 30 km away, and the Karmali Railway Station is about 10 km from the site.
With 834+ covered and open parking slots, the project ensures a seamless experience for visitors and businesses alike.
Project Timeline and Regulatory Status
The project is RERA registered (PRGO10232091) and possession is expected in 2026. DLF Ltd will open a 7 lakh sq ft premium shopping mall in Goa by February-March next year and expects an annual rental income of more than Rs 150 crore.
Developer Scale and Track Record
DLF has developed over 185 real estate projects and an area of more than 352 million square feet. The group has 275 million sq ft of development potential across residential and commercial segments. DLF currently manages a commercial portfolio spanning about 50 lakh square feet across 10 retail properties, with recent additions including the DLF Midtown Plaza in New Delhi and the DLF Summit Plaza in Gurugram.
DLF has invested around ₹500 crore in the development.