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  Metros   Delhi  01 May 2018  Mall, multi-level parking at Dwarka station soon

Mall, multi-level parking at Dwarka station soon

THE ASIAN AGE.
Published : May 1, 2018, 2:54 am IST
Updated : May 1, 2018, 2:54 am IST

Mr Bansal said the total project cost of this metro mall would be Rs 90-100 crore and the same would be funded through internal accruals.

The company will develop a total of 4.5 lakh sq ft area, including a shopping mall of 3 lakh sq ft of leasable area and a multi-level parking, having capacity of 600-700 cars, he added. (Representational image)
 The company will develop a total of 4.5 lakh sq ft area, including a shopping mall of 3 lakh sq ft of leasable area and a multi-level parking, having capacity of 600-700 cars, he added. (Representational image)

New Delhi: Realty firm Pacific India has bagged a project from Delhi Metro Rail Corporation (DMRC) to develop a shopping mall and multi-level car parking at Dwarka in the national capital with an investment of about Rs 100 crore, a top company official said on Monday.

Pacific India, which is also engaged in the hospitality and education business, bagged this project, which also includes a multi-level car parking, at Dwarka through a bidding process that involved two other local players.

“We have bagged a project from DMRC to develop a shopping mall at Dwarka Sector 21 metro station in the national capital,” Pacific India executive director Abhishek Bansal told a news agency.

The company will develop a total of 4.5 lakh sq ft area, including a shopping mall of 3 lakh sq ft of leasable area and a multi-level parking, having capacity of 600-700 cars, he added. Mr Bansal said the total project cost of this metro mall would be Rs 90-100 crore and the same would be funded through internal accruals.

“The structure of the mall has already been developed by the DMRC. We will soon start the interior works and launch this mall by March next year,” he said.

Tags: delhi metro rail corporation, dwarka station