# DLF segments malls into luxury ladder for rising spenders 2026-08-14T02:11:16+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet DLF is carving its malls into distinct tiers, from neighbourhood plazas and city-centre destinations to aspirational luxury and ultra-luxury, to match younger consumers who start with accessible brands and climb higher. Pushpa Bector, group executive director, said India's millennial and Gen Z buyers may follow the trajectory seen in Singapore and China, saving up first for Coach or Michael Kors before moving to LVMH, Chanel and Dior. The developer's retail spending rose 12% year-on-year in the June quarter, and rentals grew about 9%. DLF plans to double its 5-million-sq-ft retail portfolio by 2030, with three new projects opening this year, including a 700,000-sq-ft mall in Goa by early 2027. Lease renewals allow the company to raise rents by 22-30% while keeping occupancy at 97%. ## Coverage - livemint.com Tags: consumer spending, DLF, Goa mall, luxury retail, mall segmentation, real estate Canonical: https://indianopinion.org/dlf-segments-malls-into-luxury-ladder-for-rising-spenders/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/dlf-segments-malls-into-luxury-ladder-for-rising-spenders/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.