India’s Top Upcoming Mixed-Use Development Projects

Unnati More Apr 06, 2024 0

As India continues to urbanize, cities and communities face a set of challenges. These include increased traffic congestion, limited green spaces, and a higher demand for affordable housing. However, with proper planning and innovative solutions, these challenges can be transformed into opportunities for growth and development. One solution that has gained popularity in recent years is the concept of mixed-use developments. These developments integrate various functional spaces within the same area, creating vibrant and sustainable communities that offer a variety of amenities and opportunities for residents.

India’s urban landscape is on the brink of transformation, with several groundbreaking mixed-use development projects poised to redefine city skylines and community living in 2024. These projects, spanning across different regions of the country, promise to seamlessly integrate hospitality, commercial, and recreational spaces, setting new standards for urban living.

Here’s a comprehensive list of the top upcoming mixed-use developments that are set to leave a lasting mark on India’s urban fabric:

Also Read: Top 10 Upcoming Mega Projects in India

1. Incor Lake City, Hyderabad

Construction Cost – INR 4,803 Crore

Incor Lake City, Hyderabad

As one of the largest lakefront townships in Hyderabad, Incor Lake City boasts 31.94 Acres and 800 meters of frontage on the lake. It meticulously crafts an ecosystem to seamlessly integrate with diverse lifestyles. The project comprises three residential towers, a mall, a commercial tower, three clubhouses, and a multiplex, among other public amenities.

This renowned architect Arth Design has designed this project, with Zaki & Associates as the structural engineering consultant. With panoramic views of the lake or a green expanse, the apartments redefine urban living in Hyderabad. With a development area of nearly 13.72 Mn-SqFt and a construction cost of INR 4,803 Crore, the project is poised to set new standards for quality and sustainability.

Current project status: As of March 2024,

  • Tower A: The 22nd-floor slab work is in progress.
  • Tower B: The 12th-floor slab work is in progress.
  • Tower C: Construction work is yet to start.

2. Magarpatta Port 133, Pune

Construction Cost – INR 3,514 Crore

Magarpatta Port 133, Pune, Maharashtra

Magarpatta Township Development & Company is set to redefine Pune’s skyline with the PORT133 project near the renowned Magarpatta City in Hadapsar. Encompassing nearly 14.88 Acres and valued at INR 3,514 Crore, this mixed-use development will feature an impressive IT Park, a towering 32-storey hotel, and a state-of-the-art clubhouse.

With a sprawling development area exceeding 7.8 Mn-SqFt, the project aims to create a dynamic urban hub that fosters innovation, collaboration, and sustainable living. Designed by DSP Design Associates Pvt Ltd and engineered by Vastech Consultants Pvt Ltd, PORT133 promises to be a beacon of modernity in Pune’s thriving landscape.

Current project status: As of March 2024, the initial site setup is in progress.

3. Tata Intellion Park, Ghansoli, Navi Mumbai

Construction Cost – INR 3,500 Crore

Tata Intellion Park mixed-use development, Tower A, Navi Mumbai, Maharashtra

Also Read: Top 10 Railway Redevelopment Projects in India 2024

Tata Realty and Infrastructure Ltd is leading the development of Navi Mumbai’s largest IT Park, the Tata Intellion Park. Spanning 47.5 Acres with a development potential of 7 Mn-SqFt, this project has a value of INR 3,500 Crore. The park will feature amenities such as scalable office spaces, a gateway tower, a hotel, a data centre, and six high-rise commercial buildings. 

With its strategic location and world-class amenities, Tata Intellion Park is poised to redefine the IT landscape of Navi Mumbai. Furthermore, it will foster innovation and economic growth in the region. DSP Design Associates Pvt Ltd is the design architect, whereas Whitby Wood Pritamdasani Consulting Engineers Pvt Ltd serves as the structural engineering consultant.

Current project status: As of March 2024, Tower A’s 9th-floor slab work is in progress.

4. CSMIA Mixed Use Project, Mumbai

Construction Cost – INR 2,874 Crore

Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai, Maharashtra

Mumbai International Airport Pvt Ltd (MIAL) is charting new territory with the comprehensive development of Chhatrapati Shivaji Maharaj International Airport (CSMIA). As part of its non-operational landside area development, CSMIA’s Mixed-Use Project encompasses a sprawling 29.23 Acres, with an estimated construction cost of INR 2,874 Crore.

This master-planned development will feature a harmonious blend of hotels, commercial offices, conference facilities, retail outlets, as well as cultural spaces. It will create a vibrant ecosystem for travelers and locals alike. With a construction area exceeding 9.1 Mn-SqFt, this visionary project is poised to redefine Mumbai’s airport precinct as a world-class destination for business and leisure.

Current project status: As of March 2024, the Piling work is completed.

5. IKEA Mixed-use Development, Noida

Construction Cost – INR 1,691 Crore

IKEA Mixed-use development project, Noida, Uttar Pradesh

Nestled in the heart of Noida’s commercial district, INGKA Centres India Pvt Ltd‘s mixed-use development project is set to revolutionize the city’s retail and hospitality landscape. Spanning 11.81 Acres and valued at INR 1,691 Crore, this project will feature shopping malls, showrooms, retail outlets, hotels, restaurants, and office spaces, catering to the diverse needs of residents and visitors alike.

Designed by Designplus Associates Services Pvt Ltd and Design International, and engineered by Optimal Consultancy Services Pvt Ltd, this project promises to be a vibrant hub of activity and innovation. Moreover, it is poised to foster economic growth and community engagement in Noida.

Current project status: As of March 2024, foundation work is in progress at the site.

In conclusion, these top upcoming mixed-use development projects represent a paradigm shift in urban planning and design. From Mumbai to Noida, these projects exemplify innovation, sustainability, and inclusivity, shaping the future of urban living in India. As these transformative projects come to fruition, they will not only redefine skylines but also create vibrant communities that thrive on the principles of connectivity, accessibility, and quality of life.

Also Read:

Top 10 Upcoming university projects in India

Top Upcoming Sports Infrastructure Projects in India

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