IKEA Gurgaon & NCR

The Swedish-born, Dutch-headquartered home furnishing giant is finally entering the National Capital Region with two stores in Gurugram and Noida - starting 2025.

The company has already begun work on its Gurugram store which is being built by Ingka Centres - a global division of the IKEA parents Ingka Group that builds its malls & shopping centers. Unlike in Hyderabad, Mumbai & Bangalore, the first two upcoming IKEA stores in the NCR will be housed inside shopping malls developed by the Ingka Centres with a total investment of nearly Rs 7,500 crore.

While work for the Gurugram project has already begun at Sector 47, near Medanta hospital, according to Jan Kristensson, global expansion and development director at Ingka Centres, the Noida project will begin by end-2022. “The Gurugram project will be finished by 2025 and it will also have the first IKEA store in the NCR region.