Bharti Airtel's head Mr. Sunil Bharti Mittal is gearing up for a big splash in real estate. The goal is to be one of the top 3 realty companies in India, and Mittal has set up Bharti Realty Ltd as the beachhead to achieve it.
Four projects..!
Bharti Realty has started work on 4 projects including 3 mixed use developments and a shopping mall in northern and eastern India.
Bharti Realty earlier focused on creating and leasing real estate for the Bharti group’s business operations in Delhi and the National Capital Region.
Among some of its existing developments include Bharti Crescent in New Delhi, which serves as Bharti Enterprises’ corporate office and Airtel Centre in Gurgaon. The company’s 5 lakh sq ft mall project Pavilion in the heart of Ludhiana is now underway.
Bharti Realty has also acquired 3 assets to develop high end commercial and retail space at the Delhi International Airport Ltd’s hospitality district near the new T3 terminal of the Indira Gandhi International Airport in the capital. To be christened Worldmark, this integrated development is spread across about 15 lakh sq. ft and will be operational within 2 years. It has also acquired 6.7 acre on the Golf Course Extension Road in Gurgaon, where it will develop a shopping and office hub offering affordable and futuristic office spaces within an open and vibrant retail arena.
In Kolkata, the Bharti Realty is coming up with a 5 lakh sq. ft of multi use development in Rajarhat to be launched as Astra Towers. In Mumbai, the company is negotiating for a land parcel of around 20-25 acre, which is expected to be concluded in a couple of months.
Four projects..!
Bharti Realty has started work on 4 projects including 3 mixed use developments and a shopping mall in northern and eastern India.
Bharti Realty earlier focused on creating and leasing real estate for the Bharti group’s business operations in Delhi and the National Capital Region.
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| Mr. Sunil Mittal |
Among some of its existing developments include Bharti Crescent in New Delhi, which serves as Bharti Enterprises’ corporate office and Airtel Centre in Gurgaon. The company’s 5 lakh sq ft mall project Pavilion in the heart of Ludhiana is now underway.
Bharti Realty has also acquired 3 assets to develop high end commercial and retail space at the Delhi International Airport Ltd’s hospitality district near the new T3 terminal of the Indira Gandhi International Airport in the capital. To be christened Worldmark, this integrated development is spread across about 15 lakh sq. ft and will be operational within 2 years. It has also acquired 6.7 acre on the Golf Course Extension Road in Gurgaon, where it will develop a shopping and office hub offering affordable and futuristic office spaces within an open and vibrant retail arena.
In Kolkata, the Bharti Realty is coming up with a 5 lakh sq. ft of multi use development in Rajarhat to be launched as Astra Towers. In Mumbai, the company is negotiating for a land parcel of around 20-25 acre, which is expected to be concluded in a couple of months.
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