Kerala-based retail and real estate company, the Malabar Group, has entered the mall business in the country by setting up its first mall in Kollam, Kerala, called the K Mall. Spread over 2,04,000 sq.ft., the mall caters to a catchment of over 2.6 million consumers. The property will be managed by mall management firm Beyond Squarefeet.
The K Mall has a three-screen miniplex spread across two levels, 15-kitchen food court, and a double-decker family entertainment centre. Speaking on the occasion, MP Ahammed, Chairman, Malabar Group, said: “Our objective is to make K Mall a world class shopping destination equipped with most modern facilities and to create a unique shopping experience for our customers.”
All stores at the K Mall face the atrium. There are wide frontages, a car-parking facility and fun and food offerings, including fine-dining restaurants. The property is currently partially operational with brands such as Reliance Trends, Malabar Gold, Reliance Footprint, Bata, Lee, Ray-Ban, Navigator, and Linen by Burgoyne already trading.
The Malabar Group has appointed Beyond Squarefeet to re-orient the mall as well as market and lease it. Sanjay Prabhu, Chief Managing Officer of the mall consultancy said the property is being turned into an “Eater-tainment” hub with emphasis on F&B, FEC, and the miniplex.
The Malabar Group, based in Kozikhode, Kerala, is into retail and real estate and runs the well-known Malabar Gold chain of jewelry stores.
-IndiaRetailing Bureau