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16 Aug 2022 10:33 AM, Tidings Urmi Shah

Lulu Group plans to develop dozen malls in India

Lulu group plans to develop about a dozen more malls as it sees huge growth opportunities in the Indian retail space. The group has five operational malls in India at Kochi, Trivandrum, Thrissur, Bengaluru and Lucknow, comprising about 3.7 million square feet of leasable area. In the first phase of shopping mall business in India, the Lulu group invested about Rs.70 billion to develop five shopping malls.

References
1. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/bulish-on-retail-sector-lulu-group-plans-to-develop-more-shopping-malls-in-india/articleshow/93571082.cms