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Aero City to Host India’s Biggest Shopping Mall

Torbit - May 25, 2024 - - 0 |

In the next three years, Aerocity at Indira Gandhi International Airport (IGIA)  will boast India’s biggest shopping mall, spread over 2.8 million sq ft. This iconic mall will be built by Bharti Realty which has been entrusted by  GMR-backed Delhi International Airport Limited for the development of Aero City.

The upcoming shopping mall will be part of  USD 2 billion Worldmark Aerocity around IGIA which aims to establish India’s first aerotropolis. According to S K Sayal, Managing Director & CEO, Bharti Realty, the iconic mall will be part of the phase 2 expansion of Aerocity scheduled to commence next year providing 3.5 million sq fe of  leasable space

Aerocity that presently offers 1.5 million sq ft of leasable area, has chalked out plans  to undergo 6.5 million sq ft expansion involving offices, retail, food court ,hotels, shopping mall  besides public areas. It will  take the total leasable area to 18 million sq ft. Plans are afoot to ramp up leasable area to 10 million sq ft by 2029. Following phase 2 expansion, Aerocity will see its portfolio of hotel rooms expanding from 5000 rooms across  11 hotels to 7000 rooms across 16 hotels.

Another highlight of Aerocity expansion will be India’s first inter-state multimodal i transport hub near Aerocity Metro Station , integrating an inter-state bus terminus, Delhi Metro’s upcoming  Phase 4 and the Rapid Rail Transit System (RRTS) including the station for the automated passenger mover or air train.

The mega 2.8 million sq ft coming up in Aerocity will be bigger than DLF’s Rs 2200 crore  upcoming mall in Gurgaon which will be spread over 2.6-2.7 million sq ft.Meanwhile in a related development Saya Status , India’s tallest shopping mall by Saya Group in Sector 129 Noida ,is racing towards completion in 2025.

 

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