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Jul, 01 2007

Emaar MGF to build India\'s largest mall

Taking realty major DLF head-on, Emaar MGC is planning to build India\'s largest mall, the announcement for which will be made in the next six months.

Taking realty major DLF head-on, Emaar MGC is planning to build India's largest mall, the announcement for which will be made in the next six months. Currently on the drawing boards, the mall with ape, the world's largest mall (spread over 5.8 million sq.ft) is being built by the company's partner (Emaar) in Dubai. Till date the largest mall to be announced in India is DLF's Mall of India along NH-8 in Gurgaon that will be spread over 3.6 million sq.ft.

The mall will have the same flavour as the Dubai Mall that has 3.77 million sq.ft. of retail space as well as the largest walk through aquarium in the world. With 65-70 per cent of Emaar MGF's land bank in the north, the upcoming mall is likely to be built in the Delhi NCR. Inspired by the scale of projects that its UAE-based partner Emaar is engaged in executing (like the Dubai Mall and the tallest tower in the world, called the Burj Dubai), Emaar MGF is also planning to come up with similar real estate projects in India in the coming years. The joint venture between Emaar and Turner Corporation, a leading US building services provider, will also enter India and offer its services to the burgeoning real estate sector in the country.

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