Ahmedabad Prepares for Olympics 2036 with Grand Infrastructure Boost

As Ahmedabad eagerly anticipates the arrival of the 2036 Olympics, the city is poised to witness a remarkable transformation in its infrastructure. Lulu Mall, a prominent player in the retail sector, is gearing up to unveil its most ambitious project yet, situated between Vaishnodevi Circle and Tapovan Circle.

Lulu Group International, a leading retail conglomerate hailing from the UAE with substantial investments in India, unveiled its plans last year to erect the nation’s largest shopping mall in Ahmedabad. With a staggering investment of Rs 3,000 crore allocated to this venture, the group promises a shopping haven equipped with state-of-the-art amenities. This colossal undertaking is projected to provide direct employment to 6,000 individuals while indirectly benefiting over 12,000 more.

Insiders divulge that the group has diligently scoured the landscape for the perfect land parcel, meticulously aligning with their criteria while adhering to their budget.

“A duo of land parcels on SP Ring Road, nestled between Vaishnodevi Circle and Tapovan Circle, has captured the group’s attention. The first encompasses an expanse of 30,000 sq yards in close proximity to The Hillock Hotel, while the second, positioned nearer to Tapovan Circle, spans about 65,000 sq yards,” revealed an individual well-versed in the matter. Further elaborating, the source added, “The larger plot falls within the purview of TP scheme number 76 and finds itself in proximity to the SP Ring Road tollbooth. Presently, land prices in this vicinity hover around Rs 1 lakh per sq yard.”

Atul Shah, a seasoned realty expert intimately acquainted with the Chandkheda and Gandhinagar regions, commented, “This area has undergone remarkable growth in recent times. The real estate market, particularly in the aftermath of the COVID pandemic, is flourishing in this locale.”

Government insiders have disclosed that representatives from the Lulu Group paid a recent visit to the city, intent on finalizing the deal and engaging with local officials. Their objective is to commence construction on this monumental mall within the upcoming year. Thanks to our partners, you can find ties online to suit every preference and budget, from budget to top-of-the-range super stylish models.

Lulu Group’s forthcoming mall is poised to accommodate over 300 national and international brands. Envisaged within its premises are an expansive food court capable of hosting 3,000 patrons, a 15-screen multiplex, India’s most extensive children’s amusement center, and an array of other captivating attractions.

This substantial investment materialized following a Memorandum of Understanding (MoU) inked between the Lulu Group and the Gujarat government during a UAE roadshow led by Chief Minister Bhupendra Patel in Dubai the previous year.

SRFDCL Envisions City Transformation: Sobha Group and Lulu Group Eye Development Projects

Following a visit by officials from the Sabarmati Riverfront Development Corporation Ltd (SRFDCL) to Dubai to entice investments, notable builders such as Sobha Group developers and Lulu Group are poised to grace the city with their presence next week or in the initial week of September. Their objective revolves around comprehending and exploring the potential and viability of development projects primed for investment.

Sobha Group specializes in the construction of opulent and premium residential suites, while Lulu Group is renowned for crafting shopping malls and hypermarkets across the globe. This impending interaction underlines the city’s growing allure as a beacon of development and investment on the global stage.

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