Template:Infobox urban development project
Worldmark Aerocity is a mixed used real estate project located in New Delhi, India. Phase 1 of the project includes 3 towers which are complete. Phase 2 which includes 4 more towers and India’s largest shopping mall is currently under construction and is expected to be completed in 2027.
History[edit | edit source]
In 2019, Bharti Realty won development rights next to Delhi airport in the aerocity area next to the Indira Gandhi International Airport.[1]
Funding[edit | edit source]
Brookfield India Real Estate Trust (BIRET) acquired Bharti's 50% stake in four properties, including Worldmark Aerocity in 2024. As a part of this deal, Bharti got an 8.53% stake in BIRET as consideration for the sale. The deal also gives BIRET a first right of refusal on the balance 50% stake after April 2026.[2][3]
Phased expansion[edit | edit source]
- Worldmark-1-2-3: The Worldmark project by Bharti Realty at the site is roughly a 1.4 million sq ft office, plus retail project spread across several towers, Worldmark 1, 2 and 3 spread over 7.6 acres.[4]
- Worldmark-1 - operational: Worldmark-1 comprises around 900,000 sq ft office space, tenants include Ernst & Young, Airbus, Goods and Service Tax Network, Credit Agricole and Industrial Bank of Korea.[4] Bharti Realty has set up a 50,000 sq. ft. food court called Food Capital, which has restaurants and outlets including international chains Subway and Pizza Hut as well as outlets of local chains Bikanervala and Karim's.[5]
- Worldmark-2 complete in 2025.[6]
- Worldmark-3 completion in 2027.[6]
- Worldmark-4-5-6-7: Bharti Real Estate announced the expansion of Worldmark in 2022.[7] This phase comprising Worldmark 4, 5, 6 and 7 together form the commercial precinct with approximately 3.5 million sq. ft. of office space and about 3 million sq. ft. of retail space spread over 40 acres. This will include India’s largest shopping mall and is expected to be completed in 2027.[8][9][10] This development is part of a $2.5 billion expansion project called Worldmark Aerocity. The project has been dubbed as India's first aerotropolis.[11] It will feature high-street experiences, luxury and mid segment brands, a food court, a 10-screen multiplex, a banquet hall, and an indoor entertainment center.[1]
- Worldmark-4 completion in TBD.
- Worldmark-5 completion in TBD.
- Worldmark-6 completion in TBD.
- Worldmark-6 completion in TBD.
Connectivity[edit | edit source]
- Airport
- IGI Delhi Airport: Worldmark sits between T1 and T2/T3.
- Rail
- Delhi Metro Orange Airport Express Line has Delhi Aerocity metro station and IGI Airport metro station T2/T3.
- Delhi–Alwar RRTS will have station at Aerocity
- Bijwasan railway station is few km west and 2 metro stations away by Delhi Metro Orange Line.
- Bus
- Aerocity ISBT is planned to be built next to Delhi Aerocity metro station.
Present status[edit | edit source]
- 2025 Oct: Worldmark-1 is already operational, Worldmark-2 is nearing completion, Worldmark Mall-3 completion is scheduled for 2027, Worldmark Mall-4 completion is scheduled for 2032.[6]
See also[edit | edit source]
References[edit | edit source]
- ↑ 1.0 1.1 Modasiya, Nausad (28 August 2024). "Worldmark – A Homegrown Brand Placing India On The Global Stage". Free Press Journal. Retrieved 25 November 2024.
- ↑ Shah, Sneha; Nandy, Madhurima (16 May 2024). "Brookfield India REIT to acquire Bharti Enterprises' stake in top realty assets". livemint. Retrieved 25 November 2024.
- ↑ "Brookfield trust to acquire 50% stake in four Bharti Enterprises assets". Business Today. 16 May 2024. Retrieved 25 November 2024.
- ↑ 4.0 4.1 Doley, Kunal (23 April 2017). "Delhi Aerocity: National capital's own mixed use realty project". Financialexpress. Retrieved 25 November 2024.
- ↑ Bailay, Rasul (8 February 2017). "Bharti Realty to set up food court at Delhi Aerocity soon". The Economic Times. Retrieved 25 November 2024.
- ↑ 6.0 6.1 6.2 Aerocity to emerge as India’s premier multimodal transport hub, maritimegateway.com, 24 Oct 2025.
- ↑ Haidar, Faizan (21 August 2023). "Bharti Realty plans to invest over Rs 6,595 crore in Global Business Hub". The Economic Times. Retrieved 25 November 2024.
- ↑ "India's 1st aerotropolis in Delhi to get the country's largest mall in IGI Airport's Aerocity! Top 10 things to know". The Times of India. 11 May 2024. Retrieved 25 November 2024.
- ↑ "Bharti Realty to build 17 mn sq ft of office, retail space in Delhi's Aerocity to tap rising demand". The Economic Times. PTI. 27 February 2024. Retrieved 25 November 2024.
- ↑ "Bharti Real Estate announces expansion of Worldmark Aerocity project". The Hindu. 17 February 2024. Retrieved 25 November 2024.
- ↑ Abhijeet, Kumar (9 May 2024). "India's biggest mall to come up at Delhi airport's Aerocity by 2027". Business Standard. Retrieved 25 November 2024.