The new Lulu Mall in Hyderabad would be one of the largest malls in the entire nation, with a total space of 5 lakh square metres.
Hyderabad: The international hypermarket company Lulu Group is getting ready to develop a massive shopping mall in Hyderabad, which would be a fantastic addition to the city's shopping festival. General Lulu Mall will open in August in Kukatpally, a part of Hyderabad that is quickly developing. It will be one of the largest malls in the nation with a total space of 5 lakh square metres.
Lulu Group's chairman, MA Yusuff Ali, announced the company's debut into Telangana last month.
We are making a 3,500 crore rupee investment in Telangana. In Hyderabad, we'll be opening a LuLu shopping centre and hypermarkets. As a result of the future developments, 2000 people will find jobs. With an investment of Rs. 2500 crores, we are constructing a second destination mall in Hyderabad, Yusuff Ali stated in June.
With an expenditure of Rs 300 crore, Lulu Group will redesign the formerly well-known Manjeera Mall. The mall is anticipated to increase the economic possibilities of Telangana's capital city as a retail destination by drawing customers from all around the city and the surrounding area.
The massive Lulu Hypermarket has more than 200 stores, including more than 75 national and international brands, a 5-screen movie theatre with 1,400 seats, a multi-cuisine food court, and a kids' play area. The mall will contain a number of additional features in addition to its retail options, such as a prayer hall, a medical facility, and a 3,000-car parking lot.
Following several meetings and the signing of an MoU with the Telangana government during Industry Minister KT Rama Rao's trip to the World Economic Forum in Davos last year, the new Lulu Mall was officially announced.
After Kochi, Thiruvananthapuram, Bengaluru, Lucknow, and Coimbatore, Hyderabad is the group's sixth location. Noida, Uttar Pradesh, will soon see the construction of a new Lulu Mall.
A sophisticated integrated meat processing factory at Chengicherla with an export-oriented focus and a production capacity of 60 tonnes per day will cost Rs 200 crore thanks to the Lulu Group in addition to the Kukatpally mall. Additionally, over the next five years, the group would invest Rs 3,500 crore in Telangana, including mini-malls on the outskirts of Hyderabad and other significant towns and cities in the state.
