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Lanco Group plans to construct shopping mall, will invest Rs 500 crore

01 Dec 2012 Evaluate

Lanco Group has decided to invest Rs 500 crore to construct a shopping mall called The Lanco Hills Mega Mall in Hyderabad, which is expected to be the largest in South India. This mall will be a destination mall serving all demographics and tastes with the widest range of options in every sphere like shopping, movies, gaming, entertainment and dining.

The entity aims to provide a one-stop destination to customers with everything from necessities to leisure and celebration, with a walking length of over 2 kms. The new mall will have a 12-screen multiplex, premium shopping options, right-out-of-a-fantasyland type gaming zones, roof gardens, fine dining options, hypermarkets and multi-level parking space for 5,000 cars.

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