Education
entertainment
Technology
Business
Infrastructure Development
Infrastructure
Healthcare
Urban Development
Real Estate
Retail
Aerospace
Logistics
Hospitality
#AeroCity ✈️
A 🧵 on GMR AeroCity, proposed to be the largest aerotropolis in India spread across 1500 acres adjoining RGIA.
Imagined as an integrated ecosystem of - Offices, Retail, Leisure & Entertainment, Hospitality, Education, Healthcare, Aerospace & Logistics.
(1/10)
A 🧵 on GMR AeroCity, proposed to be the largest aerotropolis in India spread across 1500 acres adjoining RGIA.
Imagined as an integrated ecosystem of - Offices, Retail, Leisure & Entertainment, Hospitality, Education, Healthcare, Aerospace & Logistics.
(1/10)
The masterplan includes various theme/port-based developments. The project will be taken up in multiple phases in line with the growth projections of RGIA.
Projects in a few sectors are already operational and a few more are U/C.
(2/10)
Projects in a few sectors are already operational and a few more are U/C.
(2/10)
🔸 Office Space - 2 towers in Business Park have already been completed under Phase 1 with the first tower fully occupied. 2 more towers have been planned in the same phase.
All 4 towers combined will have an LA of over 1 million sq ft. More phases have been planned.
(3/10)
All 4 towers combined will have an LA of over 1 million sq ft. More phases have been planned.
(3/10)
🔸 Retail - Interchange is proposed to be a retail hub with premium shopping, dining & entertainment. Preliminary work has begun and it is set to open in 2024.
Anchor tenants include RBL, Bestsellers, INOX & Decathlon (Operational).
(4/10)
Anchor tenants include RBL, Bestsellers, INOX & Decathlon (Operational).
(4/10)
🔸 Leisure & Entertainment - Large tracts of land have been earmarked towards the Fun Port - Amusement Park, Golf Course, Exhibition Center etc. to draw non-airport traffic in masses.
The existing GMR Arena has already hosted several events including the recent Sunburn.
(5/10)
The existing GMR Arena has already hosted several events including the recent Sunburn.
(5/10)
🔸 Hospitality - The Hospitality District is expected to be a multi-asset hotel district in the future.
A 5-star Novotel is currently operational with 288 keys.
Boston Living is constructing a co-living project at a cost of ₹250 Cr with 1500 beds in phases.
(6/10)
A 5-star Novotel is currently operational with 288 keys.
Boston Living is constructing a co-living project at a cost of ₹250 Cr with 1500 beds in phases.
(6/10)
🔸Education - GMR Business School is currently operational.
Delhi Public School (Under Construction) & Sancta Maria International School will be coming up soon.
Unconfirmed - Amity University.
(7/10)
Delhi Public School (Under Construction) & Sancta Maria International School will be coming up soon.
Unconfirmed - Amity University.
(7/10)
🔸 Healthcare - A tender is currently active for a multispecialty hospital in AeroCity.
This segment will have more state-of-the-art medical facilities in the future including ancillary departments like R&D & Diagnostics Center to cater to medical tourism.
(8/10)
This segment will have more state-of-the-art medical facilities in the future including ancillary departments like R&D & Diagnostics Center to cater to medical tourism.
(8/10)
🔸 Aerospace & Logistics - Various marquee companies like Safran, CFM, Cyient, Spicejet FTZ, GMR Aero Technic & Amazon are already operational in this segment with more upcoming like Schneider Electric.
A massive 1.5 msft Logistics & Warehousing park (GMR-ESR JV) is U/C.
(9/10)
A massive 1.5 msft Logistics & Warehousing park (GMR-ESR JV) is U/C.
(9/10)
GMR intends to attract traffic from both airport & non-airport users, hence the upcoming Airport Metro connectivity is a key component for its success - to which they are committing 10% of the Metro cost.
Metro from MGBS & LB Nagar is also expected down the line.
(10/10)
Metro from MGBS & LB Nagar is also expected down the line.
(10/10)
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