Sign in

Universal Studios to set up its first theme park in India. Check the location

Bharti Enterprises is expected to lease 300,000 sq ft of its upcoming 3-million-sq-ft mall to house the amusement park, the report said.

Published on: May 2, 2025, 10:58:53 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Bharti Real Estate, part of Sunil Mittal's Bharti Enterprises, is in talks with Universal Studios, one of the world's largest theme park operators, to launch the latter's first venture in India, reported The Economic Times on Thursday.

Bharti Real Estate is in talks with potential partners for the upcoming theme park. Universal Studios also did not respond when asked for a comment on the developments. (Representative image) (AP file)
Bharti Real Estate is in talks with potential partners for the upcoming theme park. Universal Studios also did not respond when asked for a comment on the developments. (Representative image) (AP file)

Universal Studio's debut in India is expected to be an indoor theme park, which will be developed inside upcoming 3-million-sq-ft mall, touted to be India's biggest, near the Delhi airport. Bharti Enterprises is expected to lease 300,000 sq ft of this facility to house the amusement park, the report said.

“We have earmarked 10% of the total leasable area for a global entertainment park,” SK Sayal, Bharti Real Estate chief executive, told The Economic Times. The facility is expected to be ready by mid-2027.

Also read | DDA plans its first waste-to-art theme park near Lotus Temple

According to the report, the company is in talks with potential partners for the theme park. The executive refused to get into the specifics of the negotiations. Universal Studios also did not respond when asked for a comment on the developments.

The upcoming Bharti Real Estate project at Delhi Aerocity is expected to facilitate a development potential of 17 million sq ft.

In November, the Delhi government granted approval for restaurants and bars in the Aerocity to operate 24/7. “As a major tourist destination, Delhi has immense potential for revenue growth, and with this decision, an increase in revenue through licensing fees is expected,” the government said in a statement.

Also read | Woman killed after falling off ride at Delhi amusement park

Restaurant owners speaking to HT welcomed the move in anticipation of increased revenue growth. Umang Tewari, founder of Liv Bar, noted that this initiative will greatly benefit late-night travellers and corporate employees working late shifts. “Not only does it generate revenue, but it also elevates India’s nightlife standards. With more operational hours, we can also be more dynamic in catering to the diverse audience,” he added.

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.