

Novelty Street
by Novelty Street Developer
About Novelty Street
Novelty Street - Historic Location Reimagined for Modern Retail
Novelty Street is an ambitious commercial development located in the iconic Chandni Chowk area of Central Delhi, built on the legendary site of the former Novelty Cinema. This Rs 482.3 Crore project, registered under RERA number DLRERA2022P0015, transforms a beloved entertainment landmark that entertained Delhi residents for nearly seven decades into a contemporary high-street shopping destination. The project is expected to be completed by June 2025.
Prime Location in Historic Delhi
Situated in the heart of Chandni Chowk, one of India's oldest and most famous markets, Novelty Street benefits from exceptional connectivity and footfall. The project is strategically positioned near multiple metro stations - Lal Quila Metro (15 minutes), Jama Masjid Metro (10 minutes), and Chawri Bazaar Metro (15 minutes). Nearby landmarks include Kinari Bazar, Dariba Kalan, Old Delhi, Town Hall, and Nai Sarak, ensuring a constant flow of customers from both local shoppers and tourists.
About the Developer
Galaxy Group, the developer behind Novelty Street, is one of the fastest-growing real estate companies in the Delhi NCR region. With over 5 million square feet of delivered projects and a satisfied customer base of 10,000 clients, Galaxy Group brings substantial experience and credibility to this landmark development. The project represents a joint venture approach that combines Galaxy Group's development expertise with the historic significance of the location.
Comprehensive Amenities
The multi-story commercial complex features lockable shops, luxurious showrooms, and state-of-the-art commercial spaces across its layout. The development includes an exclusive Food & Beverage floor, high-speed elevators for efficient vertical movement, and modern security systems including CCTV surveillance and 24x7 power backup. Additional amenities include dedicated parking facilities, a modern firefighting system, and hygiene-friendly facilities throughout the complex.
Investment Opportunity
Novelty Street presents a unique investment opportunity that combines the nostalgic appeal of a historic location with modern commercial infrastructure. The project's colonial and classic architectural design pays homage to its heritage while meeting contemporary retail standards. For investors and businesses seeking a presence in one of Delhi's most vibrant commercial zones, Novelty Street offers the perfect blend of location advantage, developer reliability, and world-class amenities.
Project Details
- Project Name
- Novelty Street
- Developer/Promoter
- Novelty Street Developer
- Location
- Central Delhi
- District
- Central Delhi
- City
- Delhi
- State
- Delhi
- Project Type
- Real Estate
- Expected Completion
- 13-Jun-2025
- Project Cost
- ₹482.3 Cr
RERA Registration
- RERA Number
- DLRERA2022P0015
- Registration Date
- 14-Jun-2022
Always verify project registration on the official RERA portal before making any investment decisions.
Managing This Project?
Track tasks, inventory, and expenses with SiteSetu - the construction superapp.
Start Free TrialSimilar Projects in Delhi
Streamline Your Construction Project
From task management to inventory tracking, SiteSetu helps construction teams work smarter with a mobile-first platform built for Indian construction sites.
