With the government announcing redevelopment of Chandni Chowk with parking being its nucleus, the expectation from businesses, shoppers and brands had gone up manifold. The redevelopment will change the face of Chandni Chowk and elevate the business environment and shopping experience.
Elevating the business environment in Chandni Chowk
- Spread across approx. 4.5 acres
- Three floors of retail space and 5 levels of parking
- Space for 2100+ car parks
- India’s largest food court
North DMC allotted approx. 4.5 acres of land to Omaxe for providing parking for 2100+ cars. This will ease the traffic and parking woes at Asia’s largest wholesale and retail hub. Omaxe is developing a 10 Lacs sq. ft. next-gen wholesale and retail destination Omaxe Chowk with 5 levels of parking and 3 levels of retail space, including India’s largest food court on the second floor. There is a dire need of parking in Chandni Chowk for the shop owners and lakhs of customers visiting this market daily from all over the country and Omaxe Chowk, once operational, will cater to this demand.
Technology to expedite construction of parking
To fasten the completion of parking in Chandni Chowk, which was halted due to SC ban because of pollution and COVID-19 related lockdown, Omaxe is using all modern technologies and has tied up with Jindal Steel and Power Ltd. (JSPL) for supplying and erecting the building with modular steel structure. The building structure will be supplied in knocked down form at the site. The structure can be erected at the site within 10 months from the starting date.
Advanced steel structure technology being used
The building is designed using high grade steel structure with fabricated beam column as compared to the conventional construction methodology which helps in not only granting additional strength to the building structure but also saving a lot of time.
Additionally, other time-saving measures are being deployed to make up for the lost time in construction by adopting Diaphragm wall (D-wall) construction module, HDPE membrane for foundation waterproofing to name a few.
These measures coupled with deploying additional manpower will reduce construction time of Chandni Chowk parking by at least 40% and help expedite delivery by July 2022.
Omaxe has delivered 119.5 million sq. spaces across India and is currently undertaking 21 real estate projects.