Find in the news:
BY COUNTRY

IKEA begins construction of its first megamall in India



The vast mall's construction will cost $760 million, and the project is expected to be completed in seven years.
IKEA - Depositphotos

A division of Ingka Group, Ingka Centers, responsible for IKEA stores in shopping malls, has begun construction of a new center in India. The mall will be located in Noida, Uttar Pradesh, which is part of the Delhi metropolitan area. 

The brand's first outlet opened in the country back in 2018 (currently two IKEAs operating in India). Still, the new project will be more than just another store-the company plans to build a large-scale megamall, with spaces for various purposes. It is an entirely new undertaking for India, which is quite impressive even on a global scale.

The structure itself will be two multi-story buildings, with plans to erect no less than 20 floors. There will be shopping blocks, entertainment areas, business space, and much more. The company plans to create a new generation of a shopping mall, connecting various places and directions. 

The site area, which Ingka Centers have already acquired, is more than 47 thousand square meters. The project will invest about $760 million, with construction time estimated at seven years. 

Thus, the company makes a significant step to the promising Indian market and plans to support the local economy. The project will provide thousands of jobs for local specialists, support infrastructure development, and support organized retail trade growth in the region.

Photo credit: depositphotos.com.


More about shopping malls in India



Dec 25, 2023, United Kingdom:
Nestled in the historic heart of London and renowned for its Georgian-era architectural splendor.
Dec 25, 2023, USA:
The company emphasized that cost-cutting is a pivotal focus for its future endeavors.
Dec 22, 2023, United Kingdom:
The sports giant has joined a long list of international brands that will open their store doors at Trinity Leeds shopping center.
Dec 22, 2023, Austria:
The brand will present at iconic locations such as Cortina d'Ampezzo in Italy, Zermatt in Switzerland, and Hochzillertal-Kaltenbach in Austria.
Dec 21, 2023, USA:
Italian fashion house has sealed a deal to acquire the building housing its flagship store.
Dec 21, 2023, Mexico:
Luxury French fashion house Zadig & Voltaire has unveiled its boutique in Mexico City.
Friend
and Follow
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
Greenwood Park Mall GLA:1 164 000 SF
ADDRESS: 1251 US Highway 31 N, Greenwood, IN 46142-4514
USA . Greenwood
Greenwood Park Mall
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us