Shopping malls in India are not just places to buy clothes, it changed a lot over the last two decades. In the initial stage, it was simple shopping centres, but now it has become a complete lifestyle experience. Now there are more than 600 operational malls with shopping, entertainment services, food, and movie theatres. Some malls even include amusement parks, high-end international brands, and food courts, among many others.
The development of shopping malls is an important factor in the real estate property market. Shopping malls generate jobs for residents, improve the infrastructure of the area, and raise property values of surrounding properties. Therefore, many homebuyers and investors are interested in areas with good shopping malls.
In this article, we will explore the top 10 biggest shopping malls in India along with the details about the location, size, and attractions they have, as well as their contribution to the region's real estate activities. So whether you are reading this for travel, shopping, or investing in property, you will know why these malls are key places in India.
Quick Comparison: Top 10 Biggest Malls in India
| Rank | Mall Name | Location | Built-Up Area (Sq.ft) | Key feature |
| 01 | Sarath City Capital Mall | Hyderabad, Telangana | ~ 2.7 Million | Largest retail mall by total floor space |
| 02 | Lulu International Shopping Mall | Kochi, Kerala | ~2.5 Million | First mega-mall in Kerala ice rink |
| 03 | Lulu Mall | Lucknow, Uttar Pradesh | ~2.2 Million | Biggest LuLu hypermarket & Funtura zone |
| 04 | DLF Mall India | Noida, Uttar Pradesh | ~2.0 Million | 5 themed zones across 7 floors |
| 05 | Lulu mall | Thiruvanthpuram, Kerala | ~2.0 Million | India's largest indoor entertainment park |
| 06 | Phoenix Marketcity | Mumbai, maharashtra | ~2.Million | Premier shopping & event hub in Kurla |
| 07 | Ambience Mall | Gurugram, Haryana | ~1.8 Million | 1 km long shopping aisle on each floor |
| 08 | Select City Walk | New Delhi | ~1.3 Million | Premium luxury mall with open-air plaza |
| 09 | Elante Mall | Chandigarh | ~1.15 Million | Dominant retail center in North India |
| 10 | Phoenix Markcity | Pune, Maharashtra | ~1.1 Million | Vibrant combination of retail and courtyard dining |
Top 10 Biggest Malls in India: Detailed Guide
The top 10 largest shopping malls in India by total area include Sarath City Capital Mall in Hyderabad, LuLu Mall in Thiruvananthapuram, and DLF Mall of India in Noida. These massive retail hubs offer global brands, large food courts, and family entertainment zones.
Here are the top 10 biggest malls in india:
1. Sarath City Capital Mall, Hyderabad, Telangana (Gachibowli-Miyapur Road, Kondapur)
Sarath City Capital Mall is the largest shopping mall in India by area. It spreads over 2.7 million sq. ft., which is located in the heart of Hyderabad's IT hub. This shopping destination offers more than 500 brands from around the world to its customers from the technology sector and the urban area.
The mall features the AMB Cinemas which is a luxury multiplex of 7 screens co-owned by the famous actor Mahesh Babu and offers 2 food courts, snow parks, trampoline parks, and parking space for over 4,000 vehicles.
Main Attractions: AMB Cinemas, Tridom & Snow Kingdom, artisanal market known as The Bazar, 4-Level Parking area.
Our Investment Insight: Kondapur and Gachibowli have seen rapid growth in the real estate sector due to the combined effect of the IT corridor and Sarath City Capital Mall. High demand for rentals from IT professionals makes the residential apartments and commercial real estate nearby valuable.
Highlighted Information
2. Lulu International Shopping Mall, Kerala(Edappally, Kochi)
Lulu International Shopping Mall brought a revolution in the shopping industry of Kerala once it began functioning. Located at edappally junction, the mall consists of a giant Lulu Hypermarket along with a grand food court accommodating 1,800+ people as well as big entertainment options.
With an ice-skating rink, 12-lane bowling, 5D cinema, and other popular fashion brands, the visitors have an amazing experience while having access to the well-developed roads and metro lines leading to the area.
Main Attraction: Lulu Hypermarket, Ice-skating Dome, 12-Lane Bowling, etc.
Our Investment Insight: Edappally has become one of the most important commercial hubs in Kochi. Due to that, rents along the Kochi Metro route and near the Lulu Mall have increased considerably over time.
Highlighted Information
3. Lulu Mall, Uttar Pradesh (Amar Shaheed Path, Golf City, Sector B, Lucknow)
The Lulu Mall at Lucknow may undoubtedly be termed as one of the most recent retail wonders of Northern India. This mall, which is situated at the Amar Shaheed Path, houses an enormous Lulu Hypermarket, a dedicated area for weddings, and a food court seating approximately 16,00 people.
There is also a funtura, which is an indoor amusement center featuring many amusement rides and arcade games, as well as an impressive 11-screen PVR Superlex housing both LUXE and IMAX screens.
Main Attractions: 3.5 Lakh Sq ft Lulu Hypermarket, Funtura Entertainment Zone, 11-Screen PVR Superplex.
Our Investment Insight: It is located inside sushant golf city, Lulu Mall has accelerated property demand in South Lucknow. Residential plots, villas and high-rise apartments in the surrounding townships have seen healthy capital value appreciation.
Highlighted Information
4. DLF Mall Of India, Uttar Pradesh (Sector 18 Noida)
DLF Mall of India is considered one of the biggest retail developments in India. DLF Limited constructed this seven-floor building in Sector 18, Noida, composed of five zones: International Boulevard, High Street, Family World, Food Capital, and Leisure Land.
In addition to shopping, there is also Ski India (a snow park), gaming centres, and a big PVR multiplex in the shopping Mall. Its Positioning next to the Noida Sector 18 Metro station allows customers to reach the mall easily from every corner of Delhi NCR.
Main Attractions: Ski India, Smash Entertainment, PVR Multiplex, Food Capital, International Boulevard.
Our Investment Insight: Sector 18 and neighbouring Noida sectors (15-19) attract a price premium ranging from 15% to 22% when compared to cities away from the mall. This is mainly due to the direct access through Metro and numerous commercial visitors. Ideal for business shop investment and Retail leasing.
Highlighted Information
5. Lulu Mall, Kerala (Akkulam, NH 66 Bypass, Thiruvananthapuram)
Lulu Mall is situated in Thiruvananthapuram, Kerala. Lulu Mall seeks to offer an avant-garde retail experience for the people of the southern region of Kerala. The Mall is strategically located on the Akkulam NH 66 bypass that’s close by to Technopark, and is suited for the tech employees, families and tourists from nearby.
Among the 1,50,000sqft Mall, attractions include a giant indoor arena called Funtura with a total area of 80,000sqft having several ride attractions and a collection of games along with games arcade, a Lulu hypermarket and a Lulu group 12-Screen PVR Superplex equipped with IMAX.
Main Attractions: Funtura, PVR Superplex Odyssey, LuLu Hypermarket, Multi-Cuisine Food Court.
Our Investment Insight: The closeness of Technopark and the NH 66 corridor means that Akkulam is a godsend area for real estate investment. Residential apartments and mixed-use commercial premises close to the mall can produce a good source of income.
Highlighted Information
6. Phoenix Marketcity, Mumbai (LBS Marg, Kurla West, Mumbai )
Phoenix MarketCity Mumbai in Kurla is regarded as one of the largest and busiest shopping districts in the Indian financial capital. This mega shopping city consists of over 600 retail outlets, multiple plush anchor restaurants, cocktail lounges, and presents a huge 14-screened PVR ICON multiplex.
The mall is known for hosting several live performances, celebrity meet-up events, and flea markets, making it one of the major entertainment hubs in Central Mumbai
Major Attractions: 14-Screen PVR ICON Multiplex, Dublin Square event courtyard, 600+ brand Outlets, fine dining zone.
Our Investment Insight: The connectivity of Kurla West with BKC (Bandra-Kurla Complex) along with the eastern express highways has increased the demand for commercial offices and modern residential projects in the area due to Phoenix Marketcity.
Highlighted Information
7. Ambience Mall, Delhi NCR( NH-48, Ambience Island, Gurugram, Haryana
The Ambience Mall Gurugram is well known for its spectacular architecture because each floor has about 1 kilometer long shopping walkways. It is situated precisely at the boundary of Delhi in Gurugram via NH-48 and is regarded as having one of the most easily accessible retail stores for the people of both Delhi and Gurugram.
There are many popular international fashion outlets and the finest restaurants in the mall, apart from an indoor ice-skating arena and extensive children's playground.
More Attractions: Retail space of 1 km, iSkate (Ice Skating rink), PVR Gold class, premium stores.
Our Investment Insights: Ambience Island is located along NH-48 and Cyber City; commercial and residential properties fetch premium valuations, leading to a steady demand for corporate rentals.
Highlighted Information
8. Select Citywalk, New Delhi (Saket District Centre, Sector 6, Pushp Vihar)
Select Citywalk mall in Saket is a cool place to visit. It is one of the popular places where people can go to buy things and have fun. The place is huge with a lot of space for shops and stores. You can find all sorts of things there.
The best part is that it has an outdoor area called Culture. This is where they have markets and festivals all year round. You can find lots of things to buy at these markets. There are also some great places to eat. You can find brand names like Zara and H&M. They also have a place called Sephora where you can buy beauty products.
More Attractions: Culture Outdoor Plaza, PVR Gold Class & IMAX, luxury beauty outlets, popular flea markets.
Our Investment Insights: Saket is a place to invest in property because it is a big commercial hub. If you buy a place near the Saket Metro it will be worth a lot of money, for a time and you can also rent it out for a good price.
Highlighted Information
9. Elante Mall, Chandigarh (Industrial Area Phase I)
Elante Mall is the place to go for shopping and entertainment in the area around Chandigarh, Mohali and Panchkula. This big mall is spread out over 20 acres of land. You can find nice shops with the latest fashion, big stores that sell lots of things and places to eat.
There is an open space in the middle of Elante Mall with cafes and eateries all around it. Elante Mall uses this space to host community events, music concerts and parties where people can get together and have fun. Elante Mall is a place to visit when you want to shop or just hang out with friends, at Elante Mall.
More Attractions: Central Open courtyard, fun city Gaming hub, 8-screen PVR Cinemas, Global Fashion Boutiques.
Our Investment Insight: Elante Brought Life to Industrial Area Phase 1 as an established commercial area, leading to increased commercial development and pushing up office rents in Chandigarh and Mohali.
Highlighted Information
10. Phoenix Marketcity, Pune (Viman Nagar)
Phoenix Marketcity Pune is a place where people can enjoy city life in Viman Nagar. It has shopping areas and open spaces with restaurants. This place is popular with IT workers, students and people living in homes.
This mall has more than 350 national and international brands. It also has stores, areas for games and a 9-screen PVR cinema hall.
More Attractions: Outdoor restaurant courtyard, 9-screen PVR Complex, High-end Brands, Gaming Areas.
Our Investment Insights: The area of Viman Nagar has steadily been gaining real estate value due to the closeness to Pune Airport, IT parks and Phoenix Market City. There is good return on commercial real estate and rental flats in this zone.
Highlighted Information
MoneyTree Realty Insights: How Shopping Malls Influence Real Estate Prices
Big shopping complexes are a strong catalyst for real estate development. The moment such developers start developing big retail complexes, the neighbouring commercial and residential real estate prices usually show a continuous increase due to the following reasons.
Development of roads, flyovers, and public transportation systems is generally made around big commercial establishments.
Commercial office clusters, business hotels, and co-working places invariably tend to locate themselves around such high-end retail destinations.
Residential real estate near such modern retail centres attracts higher rents owing to the presence of young professionals and families.
Upcoming Mega Malls In India
The Indian business environment remains highly dynamic. Some of the upcoming trends can be observed as under:
The expansion of this highly successful retail project by DLF is anticipated in Cyber City with a total area of over 2.5million sq. ft.
An integrated sports cum retail commercial project covering over 50 + acres in Sector 198, Dwarka.
More shopping projects are being developed in cities in the southern part of the country.
Conclusion
The idea of the largest mall in India is no longer limited to shopping. Malls have turned into exciting lifestyle zones where people shop, eat, work, and entertain themselves with their families and friends. Be it the Sarath City Capital Mall in Hyderabad or the DLF Mall of India in Noida, these are some of the top 10 biggest malls in India.
As a homebuyer or investor, proximity to a Grade A mall with good customer traffic, top-end brands, and good connectivity can add immense value to your residential and commercial properties. In light of new ventures like Phoenix Mall of Asia At Bengaluru, which have set new standards in themselves, keeping an eye on new retail destinations will be an added advantage.
MoneyTree Realty Investment can assist you in finding the most profitable real estate investments in and around the prime retail locations of India. With the increasing demand for such commercial spaces and rising property values in line with the growth of the new-age retail centers, expert advice is invaluable.
Frequently Asked Questions
