Ghaziabad,19th March 2025 – Dmart, India’s leading hypermarket chain, has signed a 29-year 11 Months lease agreement with Migsun Group for 35,000 sq ft of retail space at Migsun Mi Gente Mall in Raj Nagar Extension, Ghaziabad at a monthly rental value of Rs 21 lakh. This deal also highlights Migsun Mi Gente Mall’s emergence as a prime retail destination in Ghaziabad. Earlier, Dmart had purchased 47,000 sq ft of space at Migsun’s Rohini Central Sector 22 Rohiini Project for Rs 108 crores. Migsun Group is a leading real estate developer in the National Capital Region (NCR).
Strategically situated in Raj Nagar Extension—a rapidly developing residential and commercial hub—Migsun Mi gente Mall is equipped with state-of-the-art amenities, including 24/7 security, ample parking, high-speed elevators, and uninterrupted power supply. Dmart’s presence is expected to attract significant footfall, catering to the daily needs of the area’s growing population while enhancing the mall’s status as a one-stop retail hub.
Migsun Mi Gente is the only Lease Model air condition Mall of Ghaziabad with complete offering i.e. Hyper, Anchors, Food Court, Multiplex, Family entertainment centre, Exclusive Brand Stores, Fine Dine Restaurants/ Bars & Clubs which none other mall has in this part of Delhi NCR. All the shops of the mall are visible from atrium. It is one and only properly zoned mall of Ghaziabad. The Mall has international touch with complete glass building and 100% marble flooring making it competitive with the best malls of India. It is going to be first AI enabled Mall
“We are thrilled to welcome Dmart to Migsun Mi Gente Mall. It reflects our mall’s potential to drive commercial success. It is also a strong endorsement of our strategic planning and the region’s growth potential. We are confident this partnership will set new benchmarks for retail experiences in Ghaziabad and reinforce the mall’s position as a catalyst for economic growth,” says Yash Miglani, MD, Migsun Group.
The 29-years 11 Months lease single long-term Agreement gives confidence in Raj Nagar Extension’s growth trajectory. For Dmart, the space will serve as a key hub to cater to Ghaziabad’s expanding consumer base. Meanwhile, for Migsun Mi Gente Mall the occupancy of a renowned anchor tenant like Dmart is expected to attract further brand interest.