Commercial Property in Dwarka | WORTH ₹12,500 Crore Commercial Risk?
Commercial Property in Dwarka, the Omaxe State: India’s Premier 5-in-1 Commercial Hub Takes Shape in Dwarka. Delhi NCR’s Omaxe Group has unveiled an ambitious and transformative project in the heart of Dwarka, New Delhi—The Omaxe State. This groundbreaking initiative stands as India’s first integrated 5-in-1 commercial hub, blending sports, retail, hospitality, food, and culture into one cohesive destination. Set to redefine the landscape of commercial properties in the region, The Omaxe State promises to be a game-changer with its extensive facilities and unique offerings.
Spanning an impressive 50.4 acres in Sector 19-B, The Omaxe State represents a monumental investment of over 2,500 INR-Crore. This pioneering venture is the result of a public-private partnership with the Delhi Development Authority (DDA) and is projected to generate revenue upwards of 4,200 INR-Crore upon its anticipated completion in 2027.
The development is being brought to life with the expertise of 24 globally acclaimed consultants. As of September 2024, the project has commenced with tenders floated for the selection of civil works contractors, marking the beginning of a new era in integrated commercial real estate.
The Omaxe State is meticulously designed to cater to a diverse range of needs and interests, segmented into five distinct yet interconnected districts:
Sports District: At the core of The Omaxe State lies the Sports District, featuring a modern cricket and football stadium that meets ICC and FIFA standards. This grand arena, with a seating capacity of 30,000, is poised to become a focal point for international sports events. Adjacent to it, a multi-sport indoor stadium with a 2,000-person capacity will host a variety of athletic activities, including table tennis, basketball, and badminton. Complementing these facilities is an Olympic-size swimming pool, designed to foster a vibrant sports culture and accommodate high-profile competitions.
Retail District: The Retail District introduces India’s first air-conditioned high street, setting a new benchmark for shopping experiences. With over 200 stores and large-format anchor showrooms, this district offers a high-end shopping experience with spaces ranging from 450 to 33,000 SqFt. A hybrid high street mall with 640 shops—440 on the ground floor and 200 on the first floor—further enriches the retail environment. The district’s luxurious five-screen multiplex adds an entertainment dimension to the shopping experience.
Food District: Spanning 500,000 SqFt, the Food District is designed to be a culinary paradise. Featuring over 40 restaurants, lounges, nightclubs, and bars, it offers a diverse array of dining options, from local delicacies to international cuisines. Additionally, the inclusion of three drive-throughs enhances convenience for visitors, making it a go-to destination for food enthusiasts.
Social District: The Social District serves as a vibrant community hub, designed to host art exhibitions, cultural festivals, and social gatherings for up to 100,000 people. It will feature a dedicated social arena for 10,000 guests, along with kiosks, fountains, and giant screens, creating a dynamic space for community engagement and national events.
Hospitality District: Offering an exclusive retreat, the Hospitality District includes a prestigious private club and a luxurious five-star hotel with 148 rooms. The club, available by invitation only, ensures privacy and exclusivity. The district also features expansive party lawns with a 2,000-guest capacity, two grand banquet halls accommodating 1,500 guests each, and three state-of-the-art gymnasiums, providing a sophisticated and serene experience for residents and visitors alike.
The Omaxe State aims to set a new standard in integrated commercial developments, merging sports, entertainment, shopping, dining, and hospitality into one cohesive experience. By combining these diverse elements, it aspires to create a harmonious and vibrant community space in Dwarka. As work progresses, The Omaxe State is poised to become not just a commercial property, but a landmark destination that encapsulates the essence of modern urban living.
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