Indira Gandhi International Airport is set to host India’s largest mall by 2027, covering 2.8 million square feet. It aims to establish the nation’s first Aerotropolis—a metropolitan area centered around the airport—with a total cost of $2.5 billion.
The project will encompass 18 million square feet, including offices, shopping centers, and food courts. Additionally, the global business district will expand to 6.5 million square feet.
The GMR-backed Delhi International Airport Ltd has won the bid for developing Aerocity in partnership with Bharti Realty.
Phase 2 of the project will see the introduction of Aerocity Worldmark 4, 5, 6, and 7, offering 3.5 million square feet of leasable area, surpassing the size of existing large malls such as Lulu Mall in Lucknow and DLF Mall in Noida.
Phase 3 will significantly increase hotel accommodations, adding rooms in top hotels like JW Marriott, Accor Group, and Roseate, from 5,000 to nearly 7,000 rooms. Phase 3 will begin in 2025 and is expected to be completed by 2029, adding 4 million square feet of leasable commercial space along the Northern Access Road, enhancing connectivity between Mahipalpur and Terminals 2 and 3.
By the end of this decade, Aerocity is projected to employ 2 million people. Plans are also underway to replace Terminal 2 with a larger Terminal 4, potentially increasing annual footfall to 140 million flyers.
The Aerocity hub will feature an interstate bus terminal, Delhi Metro’s upcoming Phase 4 line, and a Rapid Rail Transit System station, including facilities for automated passenger transport and an air train. Worldmark Aerocity is set to become the world’s most connected global business district, offering multiple modes of transportation for ease of travel.
