Real estate firm Pacific Group is set to develop a 15 lakh sq. ft. shopping mall and a 130-room hotel in Jaipur, Rajasthan, as part of its strategic business expansion in response to rising demand for premium retail spaces in tier-II cities.

The Group has acquired 11 acres of land in Jaipur for this purpose and plans to complete the mall by the end of 2026, with the hotel expected to open in 2027.  The Jaipur mall will be a major addition to the company’s growing footprint in India’s emerging urban centres. The company’s current retail portfolio includes over 30 lakh sq. ft. of shopping space spread across nine malls located in Delhi, Ghaziabad, Faridabad, and Dehradun. These existing properties are reported to be performing well, particularly in the food and beverage (F&B) segment

Pacific Group has already initiated the process of leasing out retail space to prospective tenants. The hotel, which will be managed by a hospitality chain, will add a complementary hospitality element to the new development. The increasing demand for high-quality retail and hospitality infrastructure in tier-II and tier-III cities, signalling a broader shift in India’s urban consumption patterns. The Group’s expansion into Jaipur underscores its commitment to tapping into these emerging markets and consolidating its position in the retail and real estate sector.