Page 52 - #184 September 2023

LuLu Mall, Lucknow, Uttar Pradesh
Developer: LuLu Group

Ingka Centres, part of Ikea’s retail operator Ingka Group, recently tallest mall”, Saya Status, having a height of 150ft in Sector 129 on
said it would open its first retail centre in India in late 2025. The centre the Noida-Greater Noida Expressway with an investment of over
named ‘Lykli’ will be opened in Gurugram, Haryana. The company is Rs 2,000 crore. The total built-up area will be 1.4 million square feet
investing 400 million euros (around Rs. 3,500 crore) in the Gurugram and the leasable space 1.1 million square feet, the company said. The
project. It is also planning a similar centre in Noida, Uttar Pradesh. company added that Saya Status will have nine floors and will offer a
The name Lykli comes from ‘lycklig’, a Swedish word for ‘happy’ and range of luxury brands and amenities. The 4.6-acre plot on which the
it was chosen by its future customers in India. Ingka Centres offers shopping mall is being constructed is fully paid for. The construction
traditionally offer shopping places, office space, food and beverage of the project is in full swing and nearly 25 percent work is complete.
outlets and social activities collaborating with local community. The The mall is set to become functional in 2025. It has been designed by
meeting place will be anchored by IKEA and has been designed to the international architectural firm DP Architects, based in Singapore.
meet local needs with a playful blend of dining and entertainment The company said that nearly 55 brands have been finalised out of
complemented by a diverse retail selection of both global and local which around 30 have signed agreements to come on board. He said
brands. Earlier this year, Ingka Centres had entered into an agreement that the mall will have a total parking capacity of 1,600 cars. Apart
with leading cinema exhibitor PVR (now PVR Inox), which will operate from basement parking, this mall will have floor-wise parking from the
a nine-screen movie multiplex at the Gurugram project. fourth floor to the ninth.
Delhi-NCR-based real estate firm Saya Group will develop “India’s Taurus Zentrum is a shopping mall under construction in

Saya South X, Noida, Uttar Pradesh
Developer: Saya Homes