India’s biggest shopping mall, the Lulu Shopping Mall was inaugurated by Kerala Chief Minister Oommen Chandy in Kochi on Sunday.
The mall is spread over 2.5 million square feet of space and is owned by EMKE group of United Arab Emirates (UAE) businessman M.A. Yousuf Ali, who hails from Nattika in Thrissur district of Kerala. At an investment of Rs 1,600 crore, the mall is spread over 17 acres, rising three levels.
It has top international brands, 22,000 square feet of entertainment zones, including a 5,000 square feet Ice rink, said to be the first of its kind in South India.
The mall has nine theatres, 16 pairs of escalators, elevators and travelators. There is a 3,500-seat multi-cuisine food court and parking for 3,000 cars.
The mall’s electricty bill per month is expected to be around Rs 1.65 crore and the annual tax earnings for the local Kalamassery municipality would be around Rs 8 crore.