Lucknow will soon be home to largest shopping mall in North India and we couldn’t be happier. Lulu Group International is all set to build its signature Lulu Mall in the City of Nawabs.
Chairman and Managing Director of Lulu Group International, Yusuff Ali M.A. announced the new project at the UP Investors Summit 2018 in Lucknow. A miniature model of the Lulu Mall was also shown at the event.
Yusuff Ali said that the project will be worth Rs. 2000 crore and will employ nearly 5000 people. The Mall which will be spread across 20 Lakh sq. ft. will be the largest Mall in North India.
It has been announced that the Lulu Mall will have more than 200 National and International Brands. Also, 11 Screens Multiplex, Food Courts with 2500 seats and more than 20 Restaurants for dining. It is certainly fascinating news for Lucknow and for that matter entire Uttar Pradesh.
In the summit Yusuff was also quoted saying, “The Lulu Group has made investments worth 2 Billion Dollars (Rs. 14000 Crore) in India. It is looking at possibilities for further investment in retail, hospitality and food processing sectors in U.P.”
The 7.2 Billion Dollars Lulu Group has operations in more than 20 countries, including India. The group is primarily focused on the retail industry with more than 140 markets and shopping malls. In India it owns the Lulu Mall in Kochi, the largest mall in the country.
The UP Investors’ Summit was a mega event with announcements of several new projects Lulu Mall Project being one of them.
It’s a matter of immense joy for Lucknowites to have Lulu Mall in their city.
Video Courtesy: Online Kaka