India Set to Add 51.1 Million Sq Ft of Mall Space by 2031, NCR Leading Supply
India is on course to add 51.1 million sq ft of mall and retail space by 2031, with the National Capital Region identified as the leading contributor to new supply, according to reports published by Construction World on 29 September 2026 and ET Realty on 28 September 2026. No further breakdown of the figure by city, developer or phasing was available from the headlines alone.
Projects India Tracking: 797 Active Mall Projects Across the Country
Projects India tracks 797 live projects in the Shopping Plazas, Multiplex and Mall sub-sector. Of these, 274 are at the Construction Started stage and 276 are Under Approvals, together accounting for over two-thirds of the total pipeline. A further 77 are in Planning and 36 are at an Early or Announced stage, indicating a substantial volume of work still to enter active construction in the coming years. Seventeen projects are recorded as Nearly Complete and 80 have reached Completion.
The stage breakdown signals a pipeline that is both broad and deep: suppliers and contractors who engage projects at the Under Approvals or Planning stage have a meaningful window to position themselves ahead of tendering activity.
| Project | Promoter | Location | Value | Stage |
|---|---|---|---|---|
| Unique Shopping Mall | Nishat Infrastructure Private Limited | Kolkata, West Bengal | Not recorded | Construction Started |
| Akshar City Mall | Akshar Buildcon | Junagadh, Gujarat | Rs 21 crore | Construction Started |
| Integrated Mall Project | Oberoi Realty Limited | Worli, Mumbai, Maharashtra | Rs 600 crore | Construction Started |
| Star Ayodhya Textile Mall | 7 Star Empire Limited | Surat, Gujarat | Rs 250 crore | Construction Started |
| Happy Mall | Nyalkaran Infrastructure Private Limited | Vadodara, Gujarat | Rs 219 crore | Construction Started |
| The Mall of Mokila | Praneeta Developers | Rangareddy, Telangana | Rs 70 crore | Under Approvals |
| Aradhyam Shopping Mall | Aradhyam Builders | Ghaziabad, Uttar Pradesh | Not recorded | Construction Started |
| Shopping Mall, Science City | Forum Group | Kolkata, West Bengal | Not recorded | Hold |
| Shopping Mall, Faridabad | Bhumika Enterprises Private Limited | Faridabad, Haryana | Rs 200 crore | Under Approvals |
Geographic Distribution: Maharashtra and Karnataka Lead, NCR States Feature Prominently
Among the states where Projects India tracks mall projects, Maharashtra holds the largest count at 177, followed by Karnataka at 73. West Bengal and Uttar Pradesh are each recorded at 67 projects, Gujarat at 57 and Telangana at 55. Uttar Pradesh, which encompasses the NCR districts of Noida and Ghaziabad, alongside Haryana — home to Gurugram and Faridabad — collectively represent a significant portion of the NCR supply referenced in the ET Realty report. The recently tracked Aradhyam Shopping Mall in Ghaziabad and the Faridabad project by Bhumika Enterprises are consistent with that geographic emphasis.
The concentration of projects in Maharashtra is notable, with Mumbai alone hosting large-value developments such as the Rs 600 crore Oberoi Realty integrated mall at Worli. Gujarat accounts for several mid-sized projects across Junagadh, Surat and Vadodara, suggesting distributed activity beyond the major metropolitan centres.
Recent Project Activity Across Scales and Cities
The tracked projects in active construction span a wide range of investment sizes, from Rs 21 crore for the Akshar City Mall in Junagadh to Rs 600 crore for Oberoi Realty's integrated development in Mumbai. This spread indicates that the pipeline is not confined to Tier-1 cities or large institutional developers; smaller promoters in Tier-2 and Tier-3 markets are also progressing developments into construction.
For the full list of shopping mall projects tracked across India, including those at earlier stages, readers can access the Projects India database directly.
What this means for suppliers and contractors
The reported addition of 51.1 million sq ft of mall space by 2031 translates into a sustained pipeline of construction, fit-out, mechanical, electrical and plumbing, and facilities-related contracts over the next several years. With 274 projects already at the Construction Started stage, immediate procurement opportunities exist for structural, civil and finishing contractors as well as equipment and materials suppliers.
The 276 projects Under Approvals represent the next wave. Suppliers who identify and engage these projects early — before construction commences — stand to improve their chances of being specified or shortlisted. The Planning cohort of 77 projects extends that horizon further.
Geographically, Maharashtra's 177 tracked projects make it the most active state by count, though Uttar Pradesh and Haryana — both key NCR states — combined account for at least 67 and a further unquantified number of projects respectively, consistent with the NCR leadership cited in the headline report. Gujarat's 57 projects, spread across multiple cities, offer opportunities for regional suppliers operating outside the major metros.
There are currently no open India tenders recorded by Projects India in the broader Construction Projects sector at the time of publication, though this position can change rapidly as approvals convert to active procurement. Suppliers are advised to monitor the live tenders page for updates.
Frequently asked questions
How much mall space is India expected to add by 2031?
India is expected to add 51.1 million sq ft of mall space by 2031, according to reports published by Construction World and ET Realty on 28-29 September 2026. The National Capital Region was identified as the leading contributor to new supply.
Which state has the most tracked shopping mall projects in India?
Maharashtra leads with 177 tracked mall projects, followed by Karnataka at 73 and West Bengal and Uttar Pradesh at 67 each, according to Projects India data. Gujarat and Telangana account for 57 and 55 projects respectively.
How many mall projects in India are currently under construction?
Projects India records 274 shopping mall projects at the Construction Started stage out of a total of 797 tracked in the sub-sector. A further 276 are Under Approvals, representing the near-term pipeline for contractors and suppliers.
Which city is leading India's new mall supply according to the 2026 report?
The National Capital Region is identified as the leading contributor to India's projected addition of 51.1 million sq ft of mall space by 2031, as reported by ET Realty on 28 September 2026. No further city-level breakdown was available from the published headlines.
