Multi-level parking at Chandni Chowk to open by March

The project is a Public Private Partnership (PPP) between the North MCD and Omaxe Heritage Pvt Ltd, and will be called Omaxe Chowk.

Work on the project had been divided into three phases. Currently, work has started on the Phase 1 Plaza, officials involved in the project said.

In Phase 2, 80 per cent of the erection work has been completed. Under Phase 3, 50 per cent of the erection work on the ground floor and excavation work has been completed.

Besides parking, the project also comprises retail spaces and a food court. There will be three underground and two floors above. Three floors will be dedicated to food and retail.

The parking, located near the Chandni Chowk Metro station, also proposes a direct entry from the station.

Omaxe has also signed a memorandum of understanding with Honeywell Automation for supply and installation of air purification systems. Omaxe Chowk will be first mall to have a centralised air filtration system, which will make efforts to keep AQI below 50.

Officials said the lockdowns had slowed the project significantly, but added that it has been on track for the last few months.