erz0%6 ‘Seven ‘Walls of Joy to come pin Kerala THE 222543 NEW INDIAN EXPRESS Seven 'Malls of Joy' to come up in Kerala Author: Express News Service + Published Date: Nov 4, 2011 3:07 AM + Last Updated: May 16, 2012 3:41 PM KOZHIKODE: Joyalukkas Group is foraying into the business of malls. It has announced the decision to set up eight malls - seven in Kerala and one in Coimbatore - within the next 30 months at a KOZHIKODE: Joyalukkas Group is foraying into the business of malls. Ithas announced the decision to set up elght malls - seven in Kerala and one in Coimbatore - within the next 30 months at an estimated expense of 1,000 crore. Talking to reporters at a press conference here on Thursday, Joyalukkas Group chairman Joy Alukkas said the first Mall of Joy would be opened on Mavoor Road in Kozhikode in March 2072. “Mall afanbsp; Joy will be more like a wedding mall offering a one-stop shopping destination for wedding requirements, twill feature two anchor stores including jewellery and silks, This apart, there will be branded showrooms for fashion and clothing, accessories and cosmetics, watches, footwear, eyewear and opiicals, beauty parlour, restaurants and food courts and a children’s play area,” Joy said. ‘The second mall in the series will be Inaugurated in Thrissur near Sakthan Thampuran Bus Stand in November 2012. ‘The largest among the chain is the one coming up on three acres of land near Oberon Mall in Kochi Other locations include Attakkulangara in Thiruvananthapuram, near private bus stand in Palakkad, Baker Junction in Kottayam and near Irumbupalam in Alappuzha, The chairman said that each mall was being built ata minimum of two lakh '5q.ft_area and each will have a parking area that can accommodate a minimum of 200 cars. Joy added that the company is planning for an IPO and would launch 12 jewellery stores in Maharashtra soon starting from Pune. nbsp:At present, Joyalukkas Jewellery has 86 showrooms in nine countries and the group had a business turnover of 2,800 crore in the last fiscal in India   Joyalukkas Group Chief Finance Officer T Nandakumar and Chief Operating Officer PP Jose also&inbsp; attended. Copyrgn © 2012 The New Ian Express Al rhtsrssrved ip ww rewinetanexpress.com'sialeikeralalaricle286905.ece?servic