Articles tagged under: Lulu

Snag in LuLu land deal: AMC unable to transfer full possession of 66,168 sq m plot

July 29, 2024
Snag in LuLu land deal: AMC unable to transfer full possession of 66,168 sq m plot

Ahmedabad: The city civic body sold a 66,168 square meter commercial plot to LuLu International Shopping Malls Pvt Ltd for Rs. 519.41 crore in June 2024. However, a snag has emerged in the deal, as the Ahmedabad Municipal Corporation is unable to provide full possession of the land to the buyer because it does not have complete ownership of the plot. It is learnt that out of the 66,168 sq m plot in Chandkheda, approximately 10,672 sq m is currently under cultivation, and the AMC does not have...Read More

Lulu Malls makes top bid of Rs. 519.41 crore for Chankheda based plot in AMC’s e-auction

June 19, 2024
Lulu Malls makes top bid of Rs. 519.41 crore for Chankheda based plot in AMC’s e-auction

Ahmedabad: Lulu International has purchased a 66,168 square meter commercial plot from the Ahmedabad Municipal Corporation (AMC) at a cost of Rs. 519.41 crore. The plot is located near existing Balaji Agora mall and it is located on the Sardar Patel ring road with Chandkheda, Motera, Koba circle,  Narmada canal nearby. Lulu plans to build a large mall here. United Arab Emirates (UAE)-based Lulu International Shopping Malls Pvt. Ltd. made the highest bid of Rs. 78,500 during the e-auction ...Read More