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Lulu Group International is all set to build what is being called "India's largest shopping mall" in Ahmedabad, Gujarat. Lulu Group, based in Abu Dhabi, owns and operates a chain of shopping malls, known for attracting many visitors in major Indian cities. Currently, Lulu Malls are present in six cities across India: Bengaluru, Coimbatore, Hyderabad, Kochi, Lucknow, and Thiruvananthapuram.
Last year, Lulu Group announced its plans to open 12 new malls across India, with six malls and a five-star hotel planned for Uttar Pradesh cities like Noida, Varanasi, Gorakhpur, Ayodhya, Kanpur, and Prayagraj. The total investment in Uttar Pradesh alone is estimated to be ₹4,500 crore.
Now, Gujarat will be the next state to get a Lulu Mall, which is expected to be the biggest of all. Lulu Group has announced a $480 million mall project in Ahmedabad and is set to create 3,000 jobs.
Ahmedabad's Upcoming Mega Mall
According to reports from ANI in September 2023, Yusuff Ali, Chairman of Lulu Group, revealed plans for two massive shopping mall projects in India - one in Ahmedabad and the other in Chennai. The Ahmedabad mall is expected to be the largest in India. Ali mentioned that the group had already secured the land for the project and was receiving full support from the central government and the Ministry of Commerce.
The estimated cost of the Ahmedabad mall is ₹4,000 crore, and construction is set to begin in 2024. Ali expressed happiness about investing in India and providing employment opportunities to the local population. "This is one of the biggest projects we have started. It is about 3,50,000 sq ft, and 3,000 young boys and girls are working here. I am very happy to give employment to my fellow citizens," he told ANI.
Malls in Six Indian Cities:
1. Bengaluru: Known as the tech hub of India, Bengaluru is a bustling city with modern infrastructure. Lulu Mall here offers a unique shopping and entertainment experience, with a wide range of retail brands and food options.
2. Coimbatore: This city in Tamil Nadu is famous for its textile industry and growing economy. Lulu Mall in Coimbatore has become a popular shopping destination for locals, offering a variety of products and services.
3. Hyderabad: The capital of Telangana, Hyderabad is known for its rich history and IT industry. Lulu Mall in Hyderabad has quickly become a favorite spot for shoppers and families looking for entertainment.
4. Kochi: Located in Kerala, Kochi is a major port city with a rich cultural heritage. Lulu Mall in Kochi is one of the biggest malls in India, attracting both locals and tourists for its vast shopping and dining options.
5. Lucknow: The capital city of Uttar Pradesh, Lucknow is famous for its cultural and historical significance. Lulu Mall in Lucknow provides a modern shopping experience with a variety of international and local brands.
6. Thiruvananthapuram: The capital of Kerala, Thiruvananthapuram is known for its scenic beauty and cultural significance. Lulu Mall here has become a favorite destination for shopping, dining, and entertainment.
Lulu Group is not only focused on building shopping malls but also aims to expand into food processing across different states. With this project in Ahmedabad, the group continues its commitment to growing its presence in India, providing world-class shopping experiences while creating thousands of jobs.
The construction of India's largest shopping mall in Ahmedabad marks a significant milestone for the Lulu Group in India. With malls already flourishing in six cities and more projects lined up, Lulu Group is set to become a key player in the Indian retail and entertainment sector.
