A massive mall is being planned near Khanamet, between Hitec City and Kukatpally. This will be by the famed Abu Dhabi-based LuLu Group International, which to its credit has done multiple projects like this.
LuLu Group International is a diversified entity. Spearheaded by retail division, LuLu Group has interests in hypermarkets, shopping malls, imports and exports, trading, shipping, IT, travel and tourism and education.
With an annual turnover of over $ 6.9 billion (about Rs 44,160 crore) and staff strength of over 40,000, LuLu Group is considered a major player in the economic scenario of the Middle East, according to its portal.
The project might take about three years for completion. The drug maker will take up the project though a separate real estate special purpose vehicle, the person who sought anonymity said.