Bharti Real Estate has announced the second phase of expansion of its commercial real estate project, Worldmark Aerocity, Delhi. The project, dedicated to creating world-class destinations, aims to create an exceptional global business district which sets new benchmarks for excellence.
Phase-II comprising Worldmark 4, 5, 6 and 7 together forms the commercial precinct with approx. 3.5 million sq. ft. of gross leasable area (GLA) for modern Grade-A offices and about three million sq. ft. of mega retail space. The phase-1 consisting of Worldmark 1, 2, and 3 with 1.3 million sq. ft. of space has already been leased out and the second phase is expected to attract marquee customers.
The integrated development is designed to house top-tier firms and leading brands. With construction progressing steadily, these assets will be available in batches for lease starting in 2025. The development when complete will offer a total of approx. 17 million sq. ft. high grade commercial real estate close to the airport.
Future plans include expanding the portfolio over the next three to five years.