The group is planning to invest nearly Rs.1,000 crore
KOCHI: The Aerens Gold Souk group (AGS) will open a retail landmark – The Souk, Kochi – in April. It will be a large format mall with Gold Souk zone spread across five lakh sq.ft. in the heart of the city.
Talking to The Hindu here, Mr. Ashish Gupta, vice-chairman and joint managing director of AGS, said The Souk would bring the world’s most sought after retail brands under one roof, besides providing avenues for entertainment and exotic cuisines.
The group is planning to invest nearly Rs.1,000 crore in Kerala in various projects, including a gem and jewellery park at the Hi-Tech Industrial Park at Kalamasserry, for which 33 acres of land has been already taken on lease. Projects are also on the anvil for setting up retail malls in Thiruvananthapuram, Kozhikode and Thrissur, Mr. Gupta said.
The new mall will be opened on the National Highway bypass at Vyttila.
The Souk, designed by W.S. Atkins, designer of the famed Burj-al-Arab, Dubai, is poised to become a major retail landmark in the city and will house nearly 200 retail units. Besides
The Gold Souk, the mall will have brand & vanilla anchor stores offering lifestyle products, accessories, electronics, footwear, cosmetics, etc.
A hypermarket offering a new experience in convenience shopping will be another highlight. Food court and multiplexes would take care of the entertainment aspects. Kentucky Fried Chicken (KFC) will open its first outlet in the State at this mall.