Best Group to develop 1.2 million square foot mixed-use project in North Delhi
Best Group, a property development company with business interests in business, commercial and residential development in Delhi NCR, today announced the start of construction on one of its most ambitious projects, ‘Bestfield’ , at Netaji Subhash Place (NSP), North Delhi.
The project comprises three buildings with commercial, retail and entertainment spaces which the company says provide a unique experience for the catchment area. The Best Group has 30 years of experience in property investment, development and management in the Delhi-NCR region.
Netaji Subhash Place (NSP) is a fast growing mall located in North Delhi. Spread over 75 acres, it receives 150,000 visitors a day to its more than 50 commercial buildings. The place is well connected to the metro rail network. With plenty of office space and conglomerate offices, the nearby flyover makes the hub easily accessible to everyone.
Speaking about the project, Harjeet Singh Arora, Managing Director of Best Group of Companies said, “There are very few plots left in Delhi and with the infrastructural developments, Netaji Subhash Place in North Delhi is becoming one of of the most sought-after places. As for the commercial, retail or entertainment destination, there is a dearth of quality infrastructure development in the surrounding area. The region will be developed on the model of Aerocity, we will develop 5.5 lakh square feet of office space and 4 lakh square feet of commercial space. It will be the largest and the epitome of infrastructural development with a large open space. We believe this project will mark a turning point in the overall socio-economic development of the region and break new ground as the business environment of the future.
According to him, Bestfield will be a jewel in the real estate crown of North Delhi and is set to revolutionize the way people work, play and play in one place. The project will include 550,000 square feet of office space, a 400,000 square foot retail, dining and entertainment area, approximately 50,000 square feet of waterfront and parking for 1,500 cars. , which is huge in the place.
Best Group of Companies is a conglomerate of 10 companies with multiple successes in delivering numerous commercial and residential real estate projects in the Delhi-NCR region over the past three decades. The Group has already delivered 1.5 million m² of retail space and 500,000 m² of residential space.