Noida Authority tenders ₹4,526 crore Sector 94 mixed-use project with 65,437 sq m retail
The proposed PPP development near the Delhi border would combine retail, hotels, offices, residences and a convention centre. The project includes parking for 7,180 cars; the convention centre is targeted for completion within 30 months of award, with the full development planned over seven years.
What happened
Noida Authority has invited private proposals for a ₹4,526-crore Sector 94 PPP mixed-use project near the Delhi border, including 65,437 sq m of retail space,
Key facts
- ₹4,526 crore project cost
- Nearly 25 acres
- 65,437 sq m retail space
- ₹6,890 crore estimated revenue after seven years
- ₹10,324 crore estimated revenue over 10 years
- ₹17,292 crore estimated revenue over 15 years
- 7,180-car parking capacity
Why this matters
Retail, hospitality, entertainment and event-led businesses should monitor the Sector 94 tender for early partnership, anchor tenancy and convention-centre adjacencies, contingent on award and delivery milestones.
What to watch
- Tender award and financial-close announcement.
- Construction start and completion milestones for the convention centre.
- Hotel, office-anchor and convention-operator commitments.
- Metro/road-link confirmations and last-mile mobility plans.
- Retail pre-commitments from anchor entertainment, F&B, fashion and department-store operators.
- Residential and office delivery pace within the master development.
- Event calendar, corporate booking volume and weekend visitation after convention-centre launch.
- Track tender participation, reserve-price terms, concession structure and winning bidder credibility.
- Map planned access upgrades, metro connectivity, traffic circulation and parking execution, as 7,180-car capacity could materially shape catchment reach.
- Monitor convention-centre design, operator appointment, event-booking pipeline and hotel-brand signings before underwriting recurring footfall.
- Watch retail pre-leasing, tenant mix and lease economics for signs that the project is being positioned as a destination rather than a mall-led supply addition.
- Assess likely cannibalisation and spillover across DLF Mall of India, Sector 18, South Delhi and emerging Noida Expressway retail clusters.