Common Studios to arrange its first theme park in India. Verify the placement

Common Studio’s debut in India is anticipated to be an indoor theme park, which will likely be developed inside upcoming 3-million-sq-ft mall, touted to be India’s greatest, close to the Delhi airport. Bharti Enterprises is anticipated to lease 300,000 sq ft of this facility to accommodate the amusement park, the report stated.

“We now have earmarked 10% of the full leasable space for a worldwide leisure park,” SK Sayal, Bharti Actual Property chief government, informed The Financial Occasions. The power is anticipated to be prepared by mid-2027.

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Based on the report, the corporate is in talks with potential companions for the theme park. The chief refused to get into the specifics of the negotiations. Common Studios additionally didn’t reply when requested for a touch upon the developments.

The upcoming Bharti Actual Property venture at Delhi Aerocity is anticipated to facilitate a growth potential of 17 million sq ft.

In November, the Delhi authorities granted approval for eating places and bars within the Aerocity to function 24/7. “As a serious vacationer vacation spot, Delhi has immense potential for income development, and with this choice, a rise in income by means of licensing charges is anticipated,” the federal government stated in an announcement.

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Restaurant house owners talking to HT welcomed the transfer in anticipation of elevated income development. Umang Tewari, founding father of Liv Bar, famous that this initiative will enormously profit late-night travellers and company workers working late shifts. “Not solely does it generate income, nevertheless it additionally elevates India’s nightlife requirements. With extra operational hours, we will also be extra dynamic in catering to the varied viewers,” he added.