Lulu Group intends to build more malls in India
Real Estate

Lulu Group intends to build more malls in India

Lulu group has invested Rs 70 billion in the construction of five shopping malls in India. The group now aims to build approximately a dozen more malls as it sees tremendous development potential in the Indian retail market. The group now operates five malls in India, with 3.7 million sq ft of leasable space each, in Kochi, Trivandrum, Thrissur, Bengaluru, and Lucknow.

In Lucknow, Uttar Pradesh, the group opened a sizable shopping centre with 2.2 million sq ft of built-up area and 1 million sq ft of leasable area last month.

Over 300 foreign and domestic brands can be found at the mall, which was developed for an estimated investment of Rs 20 bn.

Also read:
Second tunnel boring machine "Tatya" starts tunnelling at Kanpur Metro
Land rate hike by Noida authority to hit housing demand

Lulu group has invested Rs 70 billion in the construction of five shopping malls in India. The group now aims to build approximately a dozen more malls as it sees tremendous development potential in the Indian retail market. The group now operates five malls in India, with 3.7 million sq ft of leasable space each, in Kochi, Trivandrum, Thrissur, Bengaluru, and Lucknow. In Lucknow, Uttar Pradesh, the group opened a sizable shopping centre with 2.2 million sq ft of built-up area and 1 million sq ft of leasable area last month. Over 300 foreign and domestic brands can be found at the mall, which was developed for an estimated investment of Rs 20 bn. Also read: Second tunnel boring machine Tatya starts tunnelling at Kanpur MetroLand rate hike by Noida authority to hit housing demand

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?