India’s Biggest Mall Is Coming… Bharti’s Mysterious Mega Project Raises Eyebrows
Bharti Real Estate, the real estate division of Sunil Bharti Mittal-led Bharti Enterprises, is set to invest a massive ₹20,000 crore to develop a world-class commercial and retail hub in Delhi’s Aerocity over the next five to six years.
New Delhi: Bharti Real Estate, the real estate division of Sunil Bharti Mittal-led Bharti Enterprises, is set to invest a massive ₹20,000 crore to develop a world-class commercial and retail hub in Delhi’s Aerocity over the next five to six years. The project will include India’s largest mall, multiple office complexes, and luxury retail spaces.
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Worldmark 2.0, 3.0, and 4.0 to Redefine Urban Commercial Development
In an interview with Moneycontrol, SK Sayal, Managing Director and CEO of Bharti Real Estate, shared that the 17 million square feet (msf) integrated development will be executed in three phases – Worldmark 2.0, Worldmark 3.0, and Worldmark 4.0.
“In Worldmark 2.0 alone, we have about 7 msf leasable area – 3.5 msf for office spaces and 3 msf for retail, which includes the largest mall in India,” said Sayal.
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India’s Largest Entertainment-Driven Mall by 2027
The upcoming entertainment-based shopping mall, part of Worldmark 2.0, will feature a unique luxury retail zone – The Haute District, and India’s largest indoor entertainment destination. The mall is scheduled for completion by March 2027.
Half of the office space in Worldmark 2.0 has already been leased and is expected to be delivered by the end of 2025.
Aerocity: Emerging Commercial Powerhouse
Strategically located near the Indira Gandhi International Airport, Aerocity offers unmatched connectivity via NH8, Airport Express Metro Line, and the upcoming Golden Line. A proposed air train between terminals further enhances its accessibility.
Bharti’s Worldmark project currently has three operational assets (Worldmark 1, 2, and 3), covering 1.3 msf, in partnership with Brookfield Properties, which owns 50% in the assets. However, the Worldmark brand remains solely with Bharti Real Estate.
Premium Rentals and Modern Infrastructure
Sayal noted that Worldmark commands some of the highest office rental rates in India, ranging from ₹225 to ₹250 per sq. ft., approximately $3 per sq. ft. monthly.
Worldmark 2.0 will feature three interconnected “donut-shaped” buildings, underground parking for 8,000 cars, and structures up to six to eight storeys high.
Focus on Government-Approved, Marquee Projects in Delhi
Bharti Real Estate aims to acquire only approved, marquee government properties, especially in Delhi. Sayal hinted at future interest in disinvestment opportunities, such as The Ashok Hotel, should they arise.
“We’re open to acquiring marquee locations after completing Worldmark 2.0, 3.0, and 4.0. If prime assets come up under government disinvestment, we may participate,” Sayal said.
Timeline: Project Completion by 2030
The master plan for Worldmark 3.0 is ready, and construction is underway. Bharti Real Estate aims to complete all three phases of the Worldmark project by 2030, making it one of India’s largest private commercial developments.
With this mega ₹20,000 crore investment, Bharti Real Estate is set to transform Delhi’s Aerocity into a global business and luxury retail destination, putting India on the map for next-generation commercial infrastructure. The blend of entertainment, retail, and office spaces positions Worldmark as a landmark hub for business and leisure.
