Lulu Mall and Hypermarket in Noida: Lulu Group is planning a significant venture in Noida, bringing a five-star hotel, a shopping mall, and a hypermarket to Sector 108, Noida.
It is reported that this project will infuse a whopping Rs 4,500 crore into Uttar Pradesh, and it is anticipated to generate employment opportunities for more than 20,000 people.
Lulu Group is all set to launch its next hyper mall in Noida while simultaneously planning to open retail malls in five other cities in a phased manner. This strategic move is a testament to the growth potential observed in the regional centers of Uttar Pradesh.
The upcoming mall in Noida will span approximately 14 to 15 acres, providing a vast retail and shopping experience for the residents. In addition, Lulu Group has identified Kanpur, Gorakhpur, Varanasi, Prayagraj, and Jhansi as locations for expanding their retail business across the state.
The Director of Lulu, Jaya Kumar Gangadharan, shared the group’s plans for more hypermarket stores in Lucknow. The objective is to ensure that communities have easy access to quality shopping destinations within their neighborhood.
Following the inauguration of Lulu Mall in Lucknow in July 2022, the company has been thrilled by the enthusiastic response from the public. The hypermarket in Lucknow draws 40,000 to 50,000 visitors daily, including families from eastern Uttar Pradesh, Nepal, and various other parts of the state. Gangadharan expects a 30 percent increase in business and footfall during the upcoming festive season compared to the previous season.
Noman Aziz Khan, the General Manager of the Lucknow hypermarket, revealed that the ready-to-eat foods, especially the chaat counter, are the biggest crowd-pullers. The hypermarket will commence its festive celebrations ahead of Dussehra and Diwali starting October 12, offering an even more exciting shopping experience for the residents.
