Realty developer Omaxe Limited has announced big plans to invest ₹600 crore to grow its main World Street project in Faridabad. The goal is to set a new standard for retail-lifestyle experiences in northern India. This step-by-step plan focuses on creating a Singapore-inspired mixed-use area within the 120-acre World Street complex, combining premium retail, hospitality, and nightlife all in one place.
Project Highlights
New Singapore Phase
- 1.5 million sq.ft of retail space offering global shopping experiences
- 1,000+ car parking spaces for easy visitor access
- Designed with grand plazas, landscaped walkways, and public art installations inspired by Singaporean urban design
- 15+ F&B outlets and nightlife venues in the RERA-registered ‘Clarkee’ zone
Strategic Advantages
| Feature | Details |
|---|---|
| Operational Footprint | 27 acres with 250+ brands |
| Daily Footfall | 15,000–20,000 visitors |
| Connectivity | Close to Delhi-NCR highways |
| RERA Compliance | Fully registered commercial colony |
Why Faridabad?
The project takes advantage of Faridabad’s growing middle-class consumer demand and infrastructural upgrades, positioning itself as a regional leisure hub. With current price appreciation trends, World Street has become a high ROI investment destination for commercial real estate players.
Phases of Development
- New Singapore: Focus on commercial, retail, hospitality and F&B experiences
- Clarkee: 1.9125-acre nightlife cluster with 15+ premium venues
- Expansive Parking: Multi-level facilities to handle high footfall
Economic Impact
This investment is expected to:
- Create thousands of jobs in construction and retail sectors
- Attract cross-border visitors from Delhi and NCR
- Trigger appreciation in nearby residential properties
Omaxe’s vision for World Street matches India’s retail real estate resurgence, blending urban infrastructure with globally inspired design aesthetics. The project’s success could redefine how developers approach mixed-use developments in tier-II cities, making Faridabad a case study for retail-tourism integration.