Monday, September 8, 2008

Rs 1200 crore shopping mall project planned

Rs 1200 crore shopping mall project planned
The UAE based Emke Group is setting up India's 'biggest' shopping mall, including a 300 room hotel, at a Rs 1200 crore investment at Kochi which is expected to be ready by 2010, a top company official said on Monday.
The Lulu International Shopping Mall will be spread over 17 acres of land at nearby Edapally with a built ip area of 20 lakh square feet, Yusuffali MA, Managing Director of the Shopping mall and Managing Director of the Emke group told a press meet here.
Depending on the success of the project, similar malls would be planned in other states as well, he said.
Describing it as a ''dream project'', he said the plan is not only to build just a shopping mall but a landmark destination for both residents and tourists alike. The facilities, brands, services, architecture, amentities would be comparable to the best in the world, he said.
The mall will have parking space for more than 3000 vehicles.
The project is being built as per the best international specifications by world renowned consultants W S Atkins of UK and will house over 300 national and international brands of fashion, jewellery, electronics, life style, home furnishing, furniture and accessories, book shops and footwear. Seven theatre multiplex, family amusement centre with bowling alley, six restaurants, a 50,000 square feet food court with 18 outlets and coffee shops are also being planned.
The project also includes a 300 room five star hotel and a commercial tower exclusively for the Airlines and Aviation sector.An agreement has already been signed with the world renowned Marriot Hotels for the management of the five star hotel. This is the first of its kind speciality commercial space in the region and is sure to complement the tremendous growth taking place in this sector, he said.

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