The mammoth mall is expected to be completed by late 2008 or early 2009.
The UAE-based Lulu Group International has commenced construction of a mega shopping mall-multiplex-aviation tower and hotel complex at Kochi.
This would mark the entry of the Rs 4,500-crore Emke Group into the shopping and retail trade in India. The Lulu Group has over 70 shopping malls in the UAE and Gulf countries and has 16 offices worldwide.
Addressing a press conference, Mr Yusuffali, Managing Director of Emke Group of companies, said: “The iconic project is being built as per the best international specifications by world renowned consultants WS Atkins of UK and will house more than 300 national and international brands of fashion, jewellery, electronics lifestyle, home furnishing, furniture and accessories, bookshops and footwear. It will also have seven theatre multiplex, family amusement centre with bowling alley, six restaurants, 50,000 sq ft food court and coffee shops as well as other usual amenities.”
The project, estimated at a cost of Rs 1,200 crore, which is coming up on a 17-acre plot at a conjunction of three national highways has already incurred an expenditure of Rs 350 crore and will have a total built up area of 20 lakh sq ft. The project would also house a 300-room five-star hotel, which will be managed by the global brand, Marriot Hotels. With this, Marriot chain forays into Kerala.
Plans for an airlines and aviation tower are afoot on the lines of the Dubai National Air Travel building complex. The complex would house airline offices, travel agencies and other facilities related to travel. With the recent boom in Kerala’s economy, travel would be the next major growth area for the State. “This is the first of its kind specialty commercial space in the region and is sure to complement the tremendous growth taking place in this sector,” Mr Yusuffali said. The NRI segment would complement tourist inflow into the State and into the shopping complex as well. The project is expected to be a major tourist destination and is expected to attract close to 25 lakh tourists every year. This would be the first of its kind shopping mall-hotel-commercial building in the country and is slated to be completed by the year 2010. The project would provide direct employment to 6,000 people and indirect employment to another 20,000, Mr Yusuffali said.
News Source
The UAE-based Lulu Group International has commenced construction of a mega shopping mall-multiplex-aviation tower and hotel complex at Kochi.
This would mark the entry of the Rs 4,500-crore Emke Group into the shopping and retail trade in India. The Lulu Group has over 70 shopping malls in the UAE and Gulf countries and has 16 offices worldwide.
Addressing a press conference, Mr Yusuffali, Managing Director of Emke Group of companies, said: “The iconic project is being built as per the best international specifications by world renowned consultants WS Atkins of UK and will house more than 300 national and international brands of fashion, jewellery, electronics lifestyle, home furnishing, furniture and accessories, bookshops and footwear. It will also have seven theatre multiplex, family amusement centre with bowling alley, six restaurants, 50,000 sq ft food court and coffee shops as well as other usual amenities.”
The project, estimated at a cost of Rs 1,200 crore, which is coming up on a 17-acre plot at a conjunction of three national highways has already incurred an expenditure of Rs 350 crore and will have a total built up area of 20 lakh sq ft. The project would also house a 300-room five-star hotel, which will be managed by the global brand, Marriot Hotels. With this, Marriot chain forays into Kerala.
Plans for an airlines and aviation tower are afoot on the lines of the Dubai National Air Travel building complex. The complex would house airline offices, travel agencies and other facilities related to travel. With the recent boom in Kerala’s economy, travel would be the next major growth area for the State. “This is the first of its kind specialty commercial space in the region and is sure to complement the tremendous growth taking place in this sector,” Mr Yusuffali said. The NRI segment would complement tourist inflow into the State and into the shopping complex as well. The project is expected to be a major tourist destination and is expected to attract close to 25 lakh tourists every year. This would be the first of its kind shopping mall-hotel-commercial building in the country and is slated to be completed by the year 2010. The project would provide direct employment to 6,000 people and indirect employment to another 20,000, Mr Yusuffali said.
News Source
- Located at Edapally, off the junction, on the NH Bye Pass.
- Has a star hotel attached to the mall
- Over 180,000 square feet of built up area planned.
- Website: http://www.luluindia.com
- Promoters/Builders: Lulu Group
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