Delhi Aerocity – Planning and Feasibility
Delhi International Airport Limited (DIAL) – A consortium of Airports Authority of India, GMR Group, Fraport and Malaysia Airports, sought advice on developing a hospitality district at 56 acres of prime land at Delhi Aerocity.
Horwath HTL India carried out a site assessment and recommended allocation into 13 plots for developing hotels of varied size and positioning, including a convention center, retail and commercial spaces. Horwath HTL carried out demand and facility assessments to identify opportunities and risks involved with the project and submitted recommendations with regard to the planned concept. The project was developed based on the findings and recommendations put forth.
Implementation / Current Status:
Delhi Aerocity presently has 11 hotels with 3,758 rooms; two other hotels with about 900 rooms and the convention center are under construction. The total investment into Delhi Aerocity is estimated at Rs. 30 billion.