The Indira Gandhi International Airport‘s Aerocity is poised to boast India’s largest mall at an estimated investment of USD 2.5. Billion. The mall will sprawl over an anticipated 28 Lakh-SqFt of land parcel.
This project forms the ground for developing India’s first aerotropolis – a city near an airport. It is further expected to grow eight times in the coming five years. Subsequently, the global business district will be expanded by an additional 65 Lakh-SqFt. This will result in an overall leaseable area of 1.8 Crore-SqFt for offices, retail, food courts, a mega mall, and public spaces.
Also Read: National Maritime Heritage Complex (NMHC)
The Delhi International Airport (DIAL), supported by GMR bid for the Aerocity project, with Bharti Realty emerging as the winner. Currently, Aerocity boasts 5,000 hotel rooms across 11 top hotels including JW Marriott, Accor Group, and Roseate. Upon completion of Phase 2, the number of rooms will increase to 7,000 across 16 hotels.
Biltrax Construction Data is tracking 30,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
