DLF Summit Plaza, Gurugram Near-Fully Leased at 95–97%; Opening Targeted for Second Half of July 2026
DLF Summit Plaza Approaches Opening with Strong Occupancy
DLF Summit Plaza in Gurugram is 95%–97% leased and expected to open most likely in the second half of July 2026, the developer announced during its Q4 FY 2026 earnings call. The project covers 4.8 lakh square feet, with most of the space dedicated to retail and a portion reserved for coworking spaces.
Asset Profile and Location
Summit Plaza is a new neighborhood plaza located in Sector 54, positioned as part of the DLF Phase 5 real estate development, which includes premium apartment complex DLF Park Place. The retail destination will encompass multiple layers of retail and entertainment including a hypermarket, several large anchor stores and smaller retail outlets, food and beverage outlets and a multiplex spread over four levels.
The project is registered with HARERA under Registration No. RC/REP/HARERA/GGM/488/220/2021/56 dated 21.09.2021, and is located on Park Drive in DLF Phase 5, Gurugram, Haryana.
Strategic Purpose Within Neighborhood Development
The plaza is a premium neighbourhood destination catering to the everyday needs of premium residents living in the area, with offerings designed to serve both the residential enclave and the wider surrounding locality. It will feature premium cafes, F&B, gifting and curated fashion along with an experiential cinema and an upscale wellness zone.
The design enhances both aesthetics and functionality with wide shop fronts and passages, ideal aspect ratios and service amenities. Uninterrupted visitor circulation is ensured throughout the retail areas while facilitating easy movement of carts and trolleys from the hypermarket to the cars or the pick-up zones.
DLF's Expanding Retail Portfolio
Summit Plaza is part of a broader retail expansion by DLF. DLF is opening new shopping malls across Delhi and Gurugram along with an upcoming Goa mall in the 2026 financial year, adding close to 14 lakh square feet to DLF's retail portfolio. DLF Midtown Plaza in Moti Nagar is 95% leased and already operational, while Promenade Goa shows leasing commitment of 50%, with completion expected in August and opening two to three months thereafter.
DLF's rental portfolio spans 50 million square feet with 95% occupancy. The retail segment remains integral to the company's annuity business, which focuses on long-term recurring income through leasing rather than sales.
DLF's Retail Heritage in Gurugram
DLF, founded in 1946, moved beyond Delhi to focus on Gurugram in Haryana, which had significant potential for residential and commercial property development. Today, the company's retail footprint encompasses premium destinations across Delhi-NCR. DLF operates DLF Emporio (Vasant Kunj, Delhi), The Chanakya (Chanakyapuri, Delhi), and DLF Avenue (Saket, Delhi), alongside DLF CyberHub and Horizon Plaza in Gurugram.
DLF is India's leading real estate developer with more than seven decades of sustained growth, customer satisfaction, and innovation, having developed more than 153 real estate projects covering in excess of 330 million square feet.