LuLu Group to invest US$300m for project in India

Thiruvananthapuram : LuLu Group, the Abu Dhabi-based international retailer, is developing its second LuLu Shopping Mall, hotel and international convention centre in Thiruvananthapuram, the capital of Indian State Kerala. 

Spread over 19 acres of land located at the National Highway in Akkulam, this will be the second biggest shopping mall in the country after the LuLu Mall in Kochi.

Kerala Chief Minister Pinarayi Vijayan yesterday laid the foundation stone for the mixed use project during an event presided over by Leader of Opposition Ramesh Chennithala and other prominent personalities including ministers, MPs, MLAs, said Yusuff Ali MA, Managing Director of Lulu Group.

Slated to open by early 2019, it will house LuLu Hypermarket as anchor store and will include some of the best brands in fashion, cosmetics, home furnishing, jewellery and will also feature an amusement centre, multiplex, and the biggest food court.

Being built at an estimated cost of US$300 million, LuLu Mall has a built-up area of more than two million square feet in four floors along with hotel and convention centre.  The project is the largest private investment in Kerala in recent times.

In his speech, the Kerala Chief Minister assured all his support in making this project a grand success and provide jobs to the educated youth of the state.

Other attractions include a family amusement centre, a food court with a capacity of 3,500 guests, restaurants, coffee shops and a nine-screen multiplex. The mall, designed by UK-based Design International Consultants, will have parking for 3,000 cars with easy access from all main roads and will adopt latest traffic management system. 

The shopping mall will be environmental friendly and will adopt LEED certificate specification for echo friendly.

The project also includes a 150-room luxury hotel, which will be adjacent to the mall and an international convention centre.