" India's Mega Mall: 28 Lakh Sq Ft Area and Parking for 8000 Cars!"

A massive new mall, set to be India's biggest yet, will cover over 2.8 million square feet (28 Lakhs)  in Aerocity near the Indira Gandhi International Airport. It's scheduled to open by 2027. The project aims to create India's inaugural airport-centric metropolis, a distinctive urban area centered around an airport. This fresh idea is expected to expand eight times in the next five years, marking a significant shift in urban development.

This big project is a key aspect of the Worldmark Aerocity's $2.5 billion expansion plan. Its goal is to create India's first airport-centered metropolis, a special urban area built around the airport. This fresh idea is set to grow eight times bigger over the next five years, marking a significant change in how cities are developed.

Aerocity has big plans to transform the commercial scene, aiming to build over 10 million square feet by 2029 in two phases. Right now, it has 1.5 million square feet of space for lease, just a preview of what's to come. According to a Times of India article, there's a plan to expand the global business district by 6.5 million square feet, making a total of 18 million square feet available for lease. This expanded space will include offices, stores, food courts, a large mall, and public areas.

GMR's Delhi International Airport Ltd (DIAL) chose Bharti Realty to develop Aerocity. Bharti Realty now holds the lease for Aerocity, matching DIAL's lease for airport construction and operations. State ownership remains unchanged.

Bharti Realty's MD and CEO, SK Sayal, mentioned that phases two and three will cost $2.5 billion, with funding coming from a mix of loans and equity. Phase 2 will include the opening of Worldmark 4, 5, 6, and 7, offering 3.5 million square feet of space for lease and India's largest mall, spanning 2.8 million square feet, which is three times bigger than the malls in Vasant Kunj. Phase 2 is set to begin the next year and be completed by March 2027.

As per the Times of India, underground parking will be provided for over 8,000 vehicles.Currently, Aerocity boasts 11 hotels, such as JW Marriott, Accor Group, and Roseate, offering a total of 5,000 rooms. Once Phase 2 is completed, there will be 16 hotels with 7,000 rooms, including renowned ones like St Regis and JW Marriott Marquis. This expanded area will be situated between the Aerocity metro station and the existing hotel hub.

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