Pacific India

What Pacific India does

Pacific India (legal entity: Pacific Development Corporation Limited) is a privately held, Bansal-family-controlled Indian conglomerate headquartered in New Delhi, operating across four core verticals: shopping malls, commercial and residential real estate, education, and hospitality. The group's portfolio includes eight operational shopping malls across Delhi/NCR and Dehradun (Pacific Mall Tagore Garden, Pacific Mall Pitampura/NSP, Pacific D21 Mall Dwarka, The Mall of Faridabad, Mall of Dehradun, Pacific Mall Sahibabad, Pacific Mall Dehradun, and Pacific Outlet Mall Jasola); Pacific Business Park, a commercial office complex in Sahibabad housing enterprise tenants such as TCS, Ultratech Cement, IDBI Bank, Hindustan Times, TATA AIA Life, and Syska; Pacific Golf Estate, a residential development in Dehradun; three K-12 institutions operated under franchise with Delhi Public School Society (DPS Indirapuram, DPS Raj Nagar Extension, and Pacific World School); and hospitality assets including a 150-room Clarks Inn Suites Hotel and eight SALT-branded food courts. The group also operates a healthcare vertical under the Pacific OneHealth brand.

The business model combines recurring rental and tuition income (mall and commercial tenancies, education fees) with episodic real estate development revenue (property sales) and ancillary hospitality revenue (hotel rooms and food court operations). Distribution is anchored on physical retail and office properties, supplemented by digital touchpoints including a corporate website, social media presence, and the Pacific Mall App paired with the tiered My Pacific Rewards loyalty program. No proprietary technology stack or core platform is disclosed; operational technology is limited to standard IT infrastructure, a mobile app for consumer loyalty, and per-mall websites. The group is led by the Bansal family—Chairman S. K. Bansal, who founded a garment business in the 1960s that evolved into the conglomerate; Managing Directors Abhishek Bansal and Saket Bansal (a UMass-trained software engineer overseeing IT); and Director Santosh Bansal, who heads the education vertical. No external institutional ownership, venture capital, or private equity involvement is disclosed.

Over roughly 30 years of operations, the group reports more than 50 multi-crore projects delivered and approximately 35 lakh (3.5 million) square feet of development supervised by its GM Projects function. Recent commercial milestones include a Rs 100 crore shopping mall contract awarded by DMRC for Dwarka, average post-lockdown mall footfalls of 10,000–12,000 daily visitors, and a planned expansion into Rajasthan with Pacific Mall Jaipur targeted for end of 2026. Geographic presence today spans Delhi/NCR, Uttarakhand, and Western Uttar Pradesh, with the Jaipur project representing the group's first move into a new state market.

Name

Pacific India

Legal name

Pacific Development Corporation Limited

Website

https://pacificindia.in

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Pacific India is a privately held, Bansal-family-controlled Indian conglomerate operating eight shopping malls across Delhi/NCR and Dehradun, a commercial business park, three DPS-franchise schools, hospitality assets, and residential developments, serving retail consumers, enterprise office tenants, students, and homebuyers.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D

Revenue model

1. Mall/Shopping Center Operations: Pacific India operates shopping malls and shopping centers across Delhi/NCR and Dehradun. Revenue is generated through rental income from retail tenants (stores, brands) occupying space in the malls. The company also operates food courts under the 'SALT' brand within these malls.
2. Hospitality Services: Hospitality segment includes operating hotels and food court operations. Pacific Business Park includes a 150-room Clarks Inn Suites Hotel. Food courts generate revenue through tenant vendors and central cashiering systems.
3. Real Estate Development: Pacific India develops and sells residential and commercial real estate properties. The group has developed projects in Uttarakhand and Uttar Pradesh, including Pacific Golf Estate in Dehradun and Pacific Business Park commercial property. Revenue from property sales constitutes a significant stream.
4. Education Operations: Through associations with Delhi Public School Society, Pacific India operates education institutions including Delhi Public School Indirapuram, Delhi Public School RajNagar Extension, and Pacific World School. These institutions generate revenue from tuition and related fees.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Pacific India is a privately owned Indian conglomerate that develops, owns, and operates shopping malls, commercial office complexes (Pacific Business Park), residential real estate (Pacific Golf Estate), SALT branded food courts, K-12 education institutions under the Delhi Public School Society franchise, a 150-room boutique hotel (Clarks Inn Suites), and the My Pacific Rewards loyalty program across eight operational mall properties in Delhi/NCR and Dehradun, with expansion planned into Jaipur by 2026. The group operates across four pillars—Real Estate, Shopping Centres, Education, and Hospitality—with diversified revenue from rentals, property sales, tuition fees, food court vendor income, and hospitality services.

Product overview

Pacific India is a diversified conglomerate operating across four main verticals: Real Estate (commercial and residential development), Shopping Centers (8 operational malls across Delhi-NCR and Dehradun, with expansion planned for Jaipur in 2026), Education (operates 3 institutions under Delhi Public School Society franchise), and Hospitality (hotels and food courts). The shopping center portfolio includes Pacific Mall Ghaziabad, Tagore Garden, Dehradun, D21 Dwarka, NSP-Pitampura, The Mall of Faridabad, Mall of Dehradun, and Pacific Outlet Mall Jasola. The group operates SALT branded food courts across mall locations featuring national and international cuisine. A tiered loyalty program called My Pacific Rewards integrates across all shopping centers via a mobile app. Commercial real estate is served through Pacific Business Park in Sahibabad, while residential offerings include Pacific Golf Estate in Dehradun.

Differentiator

Problem solved

Functional benefit

Brands

• Pacific OneHealth: Healthcare services division of Pacific India Group
• Pacific Business Park
• My Pacific Rewards
• SALT
• Delhi Public School Indirapuram
• Delhi Public School Raj Nagar Extension
• Pacific World School

Products and services

• Pacific Mall, Ghaziabad Regional shopping center offering retail stores, entertainment options, and food court facilities for consumers in Ghaziabad and surrounding areas.
• Pacific Mall, Tagore Garden Shopping center located on Najafgarh Road in New Delhi, featuring retail outlets, SALT food court with over 650 seating capacity, and entertainment venues.
• Pacific Mall, Dehradun Retail shopping center in Dehradun offering multiple retail brands and SALT food court with national and international cuisine.
• Pacific D21 Mall, Dwarka Shopping center adjacent to Dwarka Metro Station (Sector 21), providing retail shopping and diverse food court options featuring Mughlai, Punjabi, and South Indian cuisines.
• Pacific Mall, NSP - Pitampura Shopping center at Netaji Subhash Place Metro Station in Delhi, featuring prominent international and national food brands.
• The Mall of Faridabad Large shopping center in Faridabad housing SALT food court with 15+ outlet options including international fast-food brands, positioned near NIT bus stand.
• Mall of Dehradun Shopping destination on Rajpur Road in Dehradun featuring diverse retail brands and a SALT food court with 20+ Indian and international outlets.
• Pacific Outlet Mall, Jasola Outlet mall in Jasola offering discounted retail brands along with SALT food court featuring over 20+ cuisines including Chinese, Italian, American, and Indian.
• Pacific Business Park Commercial office space complex in Sahibabad Industrial Area featuring office suites for corporate tenants including TCS, Ultratech Cement, IDBI Bank, Hindustan Times, TATA AIA Life, and Syska, with a complimentary shuttle to Kaushambi Metro Station and on-site 150-room Clarks Inn Suites Hotel.
• SALT Food Courts Brand of food courts operated across multiple Pacific Mall locations, offering national and international cuisine from established food brands, featuring central cashiering with debit cards, automated dishwashing, and dedicated vendor and staff movement infrastructure.
• Pacific Golf Estate Premium residential development in Dehradun featuring golf course amenities, representing Pacific's entry into luxury residential living in Uttarakhand.
• Delhi Public School Indirapuram K-12 educational institution operated under franchise agreement with Delhi Public School Society, serving students in Uttar Pradesh.
• Delhi Public School Raj Nagar Extension K-12 educational institution operated under franchise agreement with Delhi Public School Society, serving students in Raj Nagar Extension area.
• Pacific World School Educational institution under Pacific Group's education vertical, contributing to nation-building by nurturing young minds.
• Pacific OneHealth Healthcare services brand under Pacific India, providing medical and health-related services.
• My Pacific Rewards Loyalty Program Tier-based loyalty and rewards program across Pacific Malls, enabling members to earn points through shopping at participating brands, redeem vouchers (max Rs 10,000 per day, Rs 3,000 per brand per month), and access exclusive tier-based benefits, integrated with the Pacific Mall App.
• Clarks Inn Suites Hotel (Pacific Business Park) 150-room boutique hotel located within Pacific Business Park, Sahibabad Industrial Area, providing on-site accommodation for business park tenants and visiting guests as part of Pacific India's hospitality vertical.

Quantifiable outcome

• Average footfalls of 10,000 to 12,000 daily per mall after reopening
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• DLF Limited: India's largest listed real estate developer with shopping malls (DLF Malls), commercial office parks, and residential developments. Comparable to Pacific India across the mall and commercial real estate verticals, though DLF operates at substantially larger national scale.
• Brigade Enterprises: Indian real estate developer with shopping mall (e.g., Orion Mall), commercial office, residential, and hospitality operations. Comparable across Pacific India's retail real estate and hospitality verticals.
• Oberoi Realty: Mumbai-focused luxury real estate developer with commercial and mixed-use projects including retail. Comparable to Pacific India in premium commercial and mixed-use real estate development, though concentrated in a different geography.
• Prestige Estates Projects: Diversified Indian developer of residential, commercial, retail, and hospitality assets. Comparable to Pacific India's diversified conglomerate model across malls, real estate, and hospitality, though at larger scale.

Regional players

• Sobha Limited: Indian real estate developer with residential and commercial projects. Comparable to Pacific India's Pacific Golf Estate and residential development vertical, though primarily operating in South India.
• Lulu Group (LuLu Mall India): Operates large-format shopping malls and hypermarkets across India. Comparable to Pacific India as an organized retail mall operator with food court-adjacent formats, with a different geographic concentration.
• R City (Mumbai) by Runwal Group: Indian shopping mall (R City Mall) and mixed-use developer with retail, commercial, and residential offerings. Comparable to Pacific India's mall operating model, though Mumbai-centric.
• Omaxe Limited: Indian real estate and infrastructure developer with shopping malls, commercial complexes, and residential projects across tier-1 and tier-2 cities. Comparable to Pacific India as a diversified mall + commercial developer with similar geographic focus on northern India.

Direct peers

• Nexus Select Trust: India's first retail REIT, operating a portfolio of ~17 urban shopping malls across major Indian cities. Directly comparable to Pacific India as a mall operator generating rental income from retail tenants.
• Phoenix Mills Limited: Listed Indian operator of premium shopping malls (High Street Phoenix, Phoenix MarketCity) and commercial real estate. Closest publicly comparable peer to Pacific India's mall operating model, with similar mix of retail rental, food courts, and mixed-use development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pacificindia.in
• LinkedInlinkedin.com/company/pacific-development-corporation-ltd
• Instagraminstagram.com/pacificindia.in
• Xx.com/pacificindia1

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific India