Omaxe Dwarka Delhi
The Design, Build, Finance, and Operate strategy upholds this business venture in Omaxe Dwarka Delhi. The DDA sold 50.4 acres to the Omaxe Group, bound for development. They’ll create both indoor and outdoor sports facilities as part of it.
The sports development will net a tidy sum of INR 1,300 crores to INR 1,400 crores. The surplus cash helps grow the retail area. The commercial zone will be a hub for dining, shopping, and fun. In thirty years, the builder will pass the clubs and sports places’ maintenance to DDA.
A 99-year lease controls the proposed commercial and sports setup’s erection. In line with their agreement with the Delhi Development Authority, Omaxe aims to erect an open-air stadium for at least 30,000 fans. This stadium will host international football and cricket matches.