Exciting Kamla Nagar Mixed-Use Development Coming to Delhi
In a significant move for Delhi’s real estate market, Texmaco Infrastructure and Holdings, part of the Adventz Group, has entered into a strategic partnership with US-based Hines, HDFC Capital, and Conscient for the ambitious Kamla Nagar mixed-use development. Together, they will transform the historic site of the former Birla Cotton Mills in Kamla Nagar into a massive 10-acre mixed-use project. This collaboration aims to develop an impressive 3 million square feet of residential and retail space, marking a major milestone in urban development.
The project will feature modern condominium residences alongside premium retail offerings, setting new standards for urban living and commercial infrastructure. Although the total investment and revenue potential remain undisclosed, the partners have highlighted their shared vision of creating a world-class development that respects Delhi’s rich heritage while offering cutting-edge amenities.
Akshay Poddar, Chairman of Texmaco Infrastructure and Holdings, expressed pride in the collaboration, noting the company’s 100-year legacy and the potential of this land parcel. He emphasized the importance of working with the right development partners, pointing to Hines and Conscient’s unique blend of global expertise and local market insight.
This Kamla Nagar mixed-use development is set to address the increasing demand for Grade A retail spaces and modern residential options in one of Delhi’s most desirable locations. Amit Diwan, Country Head of Hines India, echoed this sentiment, highlighting the project’s ability to meet the shortage of high-quality residential spaces. Vipul Roongta, MD and CEO of HDFC Capital, added that the partnership underscores their commitment to delivering value to both customers and communities.
As part of the Adventz Group, a diversified conglomerate with interests in sectors like engineering, infrastructure, and real estate, Texmaco brings a strong foundation to this ambitious project. With a nationwide footprint and a legacy of excellence, this Kamla Nagar mixed-use development is poised to be a transformative addition to Delhi’s urban landscape.
Key Highlights:
- Location: Former Birla Cotton Mills site, Kamla Nagar, Delhi
- Project Size: 3 million square feet of residential and retail space
- Partners: Texmaco Infrastructure, Hines, HDFC Capital, Conscient
- Focus: Modern condominiums and premium retail spaces
- Objective: Address the shortage of Grade A retail and residential spaces in Delhi
This collaboration marks a new era in Delhi’s real estate sector, offering both investment opportunities and elevated living standards for the city’s residents, making the Kamla Nagar mixed-use development a highly anticipated project in the region.
Read more: Indian Commercial Real Estate Supply & Demand Outlook FY26
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