Mohali to have world’s largest mall

“I cannot comment on what happened in the past. But we have conceptualised this mall and the economics too is working out fine. It will not be difficult for GMADA to sell commercial,office and recreational space in Mohali’s City Centre,which will be connected to the airport Chandigarh through a metro,” said Singh.

Each of the 1,400 units of office and commercial space would be sized differently depending on its use. The Use of these units be it restaurants,shops,cinemas,hotels,exhibition halls in each area would be defined. Almost 200,000 square feet of area has been kept aside for an amusement park within the mall areas. “We are likely to fix the average cost of floor space per square feet at Rs 10,000,” said Sarvjit.

GMADA has decided to use 76 acres of land available in Sector 62 for the setting up of the mall. The ground coverage for the mall has been fixed at not more than 35 per cent (26 acres) while another 23 acres would be set aside for the plaza area. The open parking would cover another 26 acres.

“Other than the open parking area,we have planned basement parking under five levels of the mall complex,” said Singh. He added that the concept of the mall would be launched once it gets the nod of Chief Minister Parkash Singh Badal,who is the GMADA chairman.