Bharti Real Estate Boosts Worldmark Investment to Over Rs 22,000 Crore

Bharti Real Estate is scaling up its Worldmark portfolio with an investment now expected to cross Rs 22,000 crore, up from the earlier planned Rs 20,000 crore, according to SK Sayal, MD and CEO of Bharti Real Estate. This expansion, covering Worldmark 2.0, 3.0, and 4.0, will add close to 17 million sq. ft. of leasable space and over 20 million sq. ft. of gross built-up area, with full completion targeted by 2031.

“Earlier, it was over Rs 20,000 crore we were spending. So what we are saying is that the overall investment may go up by Rs 2,000–3,000 crore,” Sayal asserted.

Worldmark 2.0, currently under construction, spans 7 million sq. ft., including 4 million sq. ft. of office space and 3 million sq. ft. of mall retail. The offices are scheduled for handover by the end of 2025, while the retail component, called The Mall, will see its superstructure ready by March 2026 and operations begin by mid-2027.

Apart from this, the ground and first floors of the office towers are also being activated for close to 1 million sq. ft. of high street retail. Parking infrastructure at Worldmark 2.0 has been planned for over 8,000 cars, and the overall investment into this phase alone is estimated at around Rs 9,000 crore. An F&B-led high street called World Street, linking towers Worldmark 4, 5, and 6, has already been fully leased with 25 cafe and restaurant brands on board.

Worldmark 3.0 and 4.0 together will add another 10.5 million sq. ft. of development, designed on the same integrated model of offices, high street retail, and large-format destination retail, with phased delivery by 2031. Taken together, Worldmark 2.0, 3.0, and 4.0 will create one of India’s largest mixed-use developments, including 3 million sq. ft. of mall retail, 1 million sq. ft. of high street retail, and a total retail footprint of 4 million sq. ft. that is being positioned for flagship store launches by both global entrants and domestic retailers.

Lease deals in the retail zone will only be signed post-structure completion in 2026, with Bharti Real Estate indicating that the complex will be uniquely suited for flagship formats. The developer is also working with a US-based company to bring location-based entertainment to the project, in addition to offering a mix of luxury, bridge-to-luxury, and premium shopping.

The 90-acre site has been masterplanned as a boundaryless district where consumers can move freely across the integrated retail, office, and entertainment zones. This is the only place in the country where one can say that a flagship store can happen, Sayal concluded.