Business

Apple Launches Its First Noida Store at DLF Mall of India, Leasing 8,240 sq ft for ₹65 Crore


Written by Tanisha Cardozo || Team Allycaral Business Desk

Apple is set to open its first retail store in Noida at DLF Mall of India, marking the company’s fifth store in India and its second in the Delhi-NCR region, following the Saket outlet. The new store spans 8,240.78 sq ft across six units on the mall’s ground floor and has been leased for an 11-year tenure at a total rent of approximately ₹65 crore. The lease agreement, signed with Paliwal Real Estate Limited on February 25, 2025, includes one year of rent-free occupancy and a 15% rent escalation every three years.

The monthly rent for the Noida store comes to around ₹45.3 lakh, translating to an annual outgo of roughly ₹5.4 crore, comparable to Apple’s Saket store. Experts note that the lease reflects Apple’s strong brand pull and the footfall it attracts. While smaller stores in DLF Mall of India command rents between ₹500–700 per sq ft, larger stores such as Apple’s enjoy comparatively lower rates due to negotiation leverage and size.

Noida offers a strategic location for Apple, with a catchment area covering Ghaziabad, Greater Noida, South Delhi, Agra, Mathura, and emerging demand hubs, underlining the city’s growing market potential. DLF Mall of India, the largest mall in Noida at nearly one million sq ft, provides a high-visibility, premium retail environment and is expected to see further development with IKEA’s planned opening in Sector 52 by 2030.

Apple’s retail expansion in India has been methodical, with stores in Mumbai’s Bandra Kurla Complex, Pune’s Koregaon Park, Bengaluru’s Phoenix Mall of Asia in Hebbal, and Delhi’s Saket. Most stores are around 8,000–9,000 sq ft, ensuring brand consistency across locations, with the exception of Mumbai BKC, which spans 20,000 sq ft.

Recent openings, such as in Bengaluru and Pune, have featured Apple’s peacock-inspired launch campaigns, symbolizing pride and creativity. The Noida store follows the same creative approach, enhancing Apple’s brand narrative and retail experience.

Rental trends in Noida show a significant rise, particularly in Grade A-plus malls, with rents climbing from ₹225 per sq ft in 2017 to ₹330 per sq ft in 2025, reflecting a 47% growth. Apple’s lease agreement in Noida exemplifies the premium retailers’ interest in the city’s expanding consumer market and its importance within the Delhi-NCR region.

National

Supreme Court Extends Stray Dog Shelter & Vaccination Order Nationwide


In a significant ruling, the Supreme Court of India has extended its earlier order on stray dogs—originally applicable only to Delhi-NCR—to the entire nation.

The Court has directed that stray dogs should be taken to shelters, vaccinated, and then released back into the same area they were picked up from. This aims to ensure better animal welfare while addressing concerns of public safety.

At the same time, the Court has banned feeding of stray dogs in public spaces, cautioning that those who violate this directive will face appropriate legal action.

The ruling reflects an attempt to strike a balance between protecting citizens from stray dog attacks and ensuring humane treatment of animals.

Animal welfare activists have welcomed the vaccination mandate but expressed concern over the feeding ban, suggesting that designated feeding zones could be a more compassionate solution.

The decision is expected to significantly impact urban local bodies, NGOs, and citizens who engage in stray animal care across India.

Human Interest

Supreme Court Orders Delhi Govt & MCD to Remove All Stray Dogs in 8 Weeks


In a significant directive, the Supreme Court of India has ordered the Delhi government and the Municipal Corporation of Delhi (MCD) to remove all stray dogs from the streets of Delhi-NCR within a strict 8-week deadline.

The court’s ruling comes amid rising concerns over public safety, frequent dog bite incidents, and growing complaints from residents about stray dog populations in the region. The apex court emphasized the urgency of the matter, instructing authorities to ensure that the operation is conducted in a humane and lawful manner while preventing any harm to citizens.

The bench made it clear that both the Delhi government and MCD will be held accountable for compliance, with regular progress reports expected during the eight-week period.

This decision is likely to spark a wider conversation about balancing public safety and animal welfare, as activists and residents await clarity on how the directive will be implemented.

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Jewar Airport: Revolutionizing Air Travel in Delhi-NCR


Jewar’s Noida International Airport is poised to transform the air travel landscape in the Delhi-NCR region. With its state-of-the-art infrastructure and strategic location, this airport promises to offer cost-effective travel options, increased convenience, and enhanced regional connectivity.

Why Jewar Airport Could Be Cheaper

Industry experts attribute the potential cost advantage at Jewar Airport to several factors:

  1. Lower Operational Costs: The airport’s newly constructed infrastructure is designed to optimize efficiency, reducing maintenance and operational expenses.
  2. Competition Boost: With two major airports serving the NCR region, airlines may lower ticket prices to attract passengers.
  3. Incentives for Airlines: Reports suggest that Noida International Airport might offer attractive landing and parking charges to airlines, further reducing ticket prices.
  4. Focus on Low-Cost Airlines: Jewar is expected to cater significantly to budget carriers, aligning with its vision of becoming a hub for affordable air travel.

Convenience Beyond Price

Jewar Airport aims to decongest IGI Airport while catering to passengers in areas like Noida, Greater Noida, Agra, and Aligarh. This strategic location eliminates the need for travelers from these regions to endure long commutes to IGI.

Seamless Connectivity

The airport will offer seamless connectivity via the upcoming Noida International Airport Metro and the Yamuna Expressway, ensuring ease of access for passengers.

When Can You Start Booking Flights?

With construction progressing rapidly, Noida International Airport is expected to begin operations by the end of 2024. Ticket bookings will likely open closer to the launch date, with airlines announcing new routes to and from Jewar.

Implications for Travelers

For passengers, the opening of Jewar Airport means:

  1. More Choices: With two airports serving Delhi-NCR, travelers can compare prices and select the most cost-effective options.
  2. Convenience: Residents of Noida and surrounding areas will benefit from reduced travel time to the airport.
  3. Potential Savings: Lower ticket prices could make air travel accessible to a broader segment of the population.

Jewar’s Noida International Airport is set to redefine air travel in the region with its affordability, strategic location, and world-class infrastructure. As it inches closer to its grand opening, travelers and airlines alike are gearing up for what could be a new era in aviation for Delhi-NCR.