VEGAS

What VEGAS does

VEGAS, operating as Vegas Mall, is a mixed-use retail and commercial property developed and operated by Pratham Infratech Pvt. Ltd. The 20 Lac Sq.Ft. (approximately 185,800 sq ft) integrated development is located in Dwarka, New Delhi, and opened in 2019. The property combines retail, entertainment, dining, hospitality, serviced suites and business offices within a single asset of 28,000+ square meters, supported by a 1.3-acre piazza and 4-level basement parking. The underlying "product" is a physical destination anchored by a PVR Superplex cinema, a hypermarket, entertainment venues (Timezone, Fun Block, Fun City, Hamleys), 42+ food and beverage outlets, a hotel and serviced suites, and office tenancies.

Vegas Mall serves Delhi NCR consumers seeking a combined shopping, entertainment and dining experience, alongside business tenants using the office and serviced-suite components. Its tenant base consists of national retail and entertainment brands rather than a captive in-house product portfolio; the operator's role is real-estate curation, lease management, common-area operations, and tenant-mix design rather than direct retail sale of goods.

Revenue is generated primarily through base rent from retail and office tenants, percentage-of-sales rent from higher-turnover tenants (cinema, F&B, hypermarket), common-area maintenance (CAM) charges, parking income, and ancillary revenue from advertising, events and promotional activities. The company is privately held under Pratham Infratech Pvt. Ltd., has not disclosed external funding, and is led by Director Harsh Vardhan Bansal. Headcount is 88, consistent with a single-asset operating company focused on property operations, leasing and tenant management.

Name

VEGAS

Legal name

Pratham Infratech Pvt. Ltd.

Website

https://vegasmall.in

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Vegas Mall, operated by Pratham Infratech Pvt. Ltd., is a 20 Lac Sq.Ft. mixed-use retail, entertainment, dining, hospitality and office destination in Dwarka, New Delhi. It serves Delhi NCR consumers and B2B tenants through a single integrated property anchored by PVR Superplex and a hypermarket.

Ownership category

akta.pro rank

Product category

Shopping Mall / Retail Real Estate

NAICS

Amusement Parks and Arcades (7131), Amusement, Gambling, and Recreation Industries (713)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Specialty & Entertainment Venue Property Management (BPAJAGAO)

Keywords

• Shopping mall operations
• Retail real estate
• Food and beverage outlets
• Entertainment venues
• Commercial property leasing

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Marketing or Sales, Personnel, Others

Distribution channels1 record

Marketing channels1 record

Core offering

VEGAS Mall is a large-scale, mixed-use commercial real estate development in Dwarka, Delhi, operated by Pratham Infratech Pvt. Ltd., spanning 28,000+ sq meters and approximately 20 Lac sq. ft. of leasable area across multiple levels (Lower Ground to Fifth Floor) plus 4-level basement parking. The mall leases physical retail space to high-street and international brands, restaurant operators, cinema and entertainment tenants, and hospitality operators, generating revenue via rental income and common-area service charges rather than selling its own goods.

Product overview

VEGAS is an iconic mixed commercial development in Dwarka, Delhi spanning 28,000+ sq meters with 20 Lac sq. ft. of prime development. The property features HIGHSTREET retail, international retail brands, a SUPERPLEX cinema (PVR), entertainment venues (Timezone, Fun Block, Fun City, Hamleys), and multiple dining options. The mall includes 4-level basements for parking and a 1.3 acre Piazza for events and activations.

Differentiator

Problem solved

Functional benefit

Products and services

• VEGAS Mall Retail Destination Multi-level, centrally air-conditioned shopping mall destination at Sector 14 (North), Dwarka, New Delhi, aggregating high-street and international retail brands, restaurants, cinema and family entertainment across Lower Ground, Ground, First, Second, Third, Fourth and Fifth floors, designed for consumer shopping, dining and entertainment visits.
• Central Piazza Event and Activation Space 1.3-acre digitally-enabled outdoor piazza within the mall premises used as an event venue for product launches, cultural programmes, marketing activations and community engagement activities that drive footfall.
• Multi-Level Basement Parking Facility Four-level basement parking facility serving mall visitors and tenants, operated with outsourced parking-management vendors (including Secure Parking) as part of a controlled-access destination experience.
• Retail and F&B Leasing Services Commercial leasing services that aggregate and manage a curated tenant mix of retail, restaurant, cinema (PVR Superplex/Luxe) and family entertainment (Timezone, Fun Block, Fun City, Hamleys) brands across the mall's floors, with rental income and common-area service charges to the landlord.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• Prestige Group: Listed Indian developer with significant commercial and retail real estate exposure including Forum malls. Provides a comparable institutional-grade benchmark for mixed-use mall development in Indian metros.
• Brigade Group: Diversified Indian real estate developer with a commercial retail portfolio including Forum and Orion malls. Comparable commercial property development and mall operations at greater scale and capital depth.
• Phoenix Marketcity: Pan-India large-format mall operator with multiple destinations including Phoenix United in Delhi NCR. Comparable mixed-use retail and entertainment model, broader geographic footprint and stronger institutional backing.
• Nexus Select Trust: India's leading consumption-led retail REIT, operating a national portfolio of premium malls. Comparable mall rental income model at scale with publicly disclosed financials and institutional capital base.

Direct peers

• Ambience Mall (Vasant Kunj): Premium shopping mall in South Delhi anchored by luxury and international brands, cinema and dining. Competes with Vegas Mall for Delhi NCR consumers and for premium-brand tenant allocations.
• Select Citywalk (Saket): Established upscale mall in South Delhi with strong international retail, F&B and entertainment mix. Directly comparable destination-shopping format and customer demographic to Vegas Mall.
• DLF Mall of India: Large-scale mixed-use retail and entertainment destination in Noida (Delhi NCR), offering a comparable combination of international retail, F&B, cinema and entertainment under one roof. Directly competes for the same upper-middle-class Delhi NCR catchment.
• Pacific Mall (Delhi NCR): Multi-location Delhi NCR shopping mall operator with comparable retail, dining and entertainment tenant mix. Competes for similar middle-class family shoppers and entertainment-seeking consumers.

Regional players

• R City Mall (Mumbai): Large mixed-use mall in Mumbai's Ghatkopar area combining retail, dining and entertainment. Operates an analogous destination-mall model in a different Indian metro, providing a useful regional benchmark.
• Lulu Mall (India): Large mixed-use shopping destination operated by Lulu Group across multiple Indian cities (including Lucknow, Kochi). Comparable combined retail, hypermarket, F&B and entertainment anchor model in tier-1 Indian markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vegas-mall

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 VEGAS