PAMPORE Burj Khalifa developer who runs Emaar Group makes an entry in Kashmir and his Mall of Srinagar witnessed the bhumi pujan by LG Manoj Sinha last week. Spread over 10 lakh sq feet, the mall will have around 500 shops. The group is also constructing an IT tower in Sempora and Jammu.
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For the first time in the history of Jammu and Kashmir, the Union Territory has recorded its first Foreign Direct Investment (FDI) as a United Arab Emirates (UAE)-based Emaar, a real estate company has come up with a mall in the outskirts of Srinagar, the summer capital of UT.
J&K Lt. Governor Manoj Sinha laid the foundation stone of a mega-mall on Sunday in Sempora area of Srinagar district which is the first direct foreign investment project in the UT.The construction of the mega-mall will cost Rs 250 crore, .